By Admin 
Trump-china tariff war: The impact of the strategy made by US President Donald Trump’s tariff is beginning to show. India is expected to benefit from this. Now they agree more towards the conditions of reducing the share in favor of Indian companies for expansion in India. India is now planning to limit Chinese companies to 10 percent in Electronics Joint Venture.
Trump’s tariff attack poses a danger of rising prices of their products in the US market, due to which Chinese companies are eager to strengthen their position in India. Mukesh Ambani’s company Reliance Industries (RIL) has emerged as a major contender for a significant stake in China’s Higher Indian unit, which is third in India.
China’s attitude changed from Trump’s tariff –
After Trump’s tariff on China, the view of Chinese companies has completely changed. According to an Economics Times news, Rajesh Aggarwal, director of Bhagwati Products, said, “The views of Chinese companies seem completely changed. They are now ready for low stake with Indian companies. Chinese companies do not want to lose the market to India. ”
Trump’s tariff war benefits India –
Trump’s tariff war can get a big benefit to India. Chinese companies are now more inclined to invest in India, but now Indian companies are taking a tough stand on it. India is considering imposing a 10% limit on Chinese equity in Electronics Joint Venture. India plans to limit the Chinese equity to 10% in the electronics joint venture to promote domestic capabilities.
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