In the media | 29 Oct 2024
Business Standard: India’s missed trade opportunities as others gain from US-China tensions
Alexandra Hermann
Lead Economist, Asia Macro
The US presidential elections, now just days away, could trigger a reordering in global trade, especially if Donald Trump is re-elected and ratchets up tariffs on China. This is raising expectations in India that it could benefit from an increase in US substitution demand, propelling its struggling manufacturing sector.
Alexandra Hermann, Lead economist from Oxford Economics Asia Macro team, has a strong non-consensus call about the effects on India from tariffs on China. In her latest publication, Alexandra argues that the benefits to India are limited.
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