Donald Trump has far-reaching implications for global trade and geopolitics.
According to a report by Motilal Oswal, this policy carries mixed outcomes for exporters worldwide because it is designed to prioritize U.S. manufacturing by reducing imports, particularly from China.
For India, Trump's policies present both opportunities and challenges. The Indo-Pacific defense strategy could strengthen U.S.-India collaboration, opening doors for Indian businesses in sectors such as pharmaceuticals and defense.
It said «Indian businesses in sectors such as pharmaceuticals and defense might also find new opportunities, especially if U.S.- India collaboration strengthens… Emerging markets face a mixed bag of challenges and opportunities».
Additionally, anticipated U.S. corporate tax cuts could boost IT spending, benefiting India's IT sector. However, a stronger dollar and potential tariffs on Indian exports could strain its trade balance.
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