Five Indian stocks that could benefit from Trump’s tariffs on China
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Subscribe to enjoy similar stories. Markets trembled as US President Donald Trump reignited a global trade war, imposing fresh tariffs on Canada, China, and Mexico, sending shockwaves through international trade corridors. With China retaliating swiftly, slapping 15% tariffs on select US goods, the battle lines are once again drawn in a high-stakes economic standoff.
But amid the turmoil, a new opportunity emerges for India—one that could shift global supply chains and strengthen its foothold in key US markets. India, which directly competes with China in sectors like textiles, pharmaceuticals, and chemicals, stands to gain from this escalating conflict. History, too, backs this optimism—during the previous US-China trade war, India’s exports surged by a staggering 49% in just a year.
As global businesses look for alternatives to Chinese suppliers, Indian firms are well-positioned to capitalise on this shift. Here’s a closer look at five stocks that could benefit the most from this unfolding trade war. Vardhman Textiles, the largest manufacturer of hand-knitting yarn in India, has a strong presence in India and in 60 countries across the globe including USA.
It caters to several international brands such as GAP, H&M, Walmart, Calvin Klein, and Tommy Hilfiger. The company earns around 43% of its revenue from its export business, of which the US market has a significant share. With an already established presence in the US market, Trump’s tariffs on Chinese products could significantly benefit Vardhman Textiles.
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