According to the Leaders Asia sources, US President-elect Donald Trump has announced plans to impose high tariffs on goods from China, Canada, and Mexico. This could be a challenge for these countries but might create opportunities for India. However, experts say India must address its own challenges to take advantage of this situation.
“It’s time for them to pay a very big price,” Trump said, outlining his tough trade measures, which will take effect after he takes office in January. While this move could put pressure on China, it offers India a chance to strengthen its position in global trade—if it acts quickly and strategically.