Trump Tariff: Some Chinese companies have been so badly affected by the American tariff that they have now to contact India’s expoters so that their order can be fulfilled on time and can supply goods to their American customers on time.
Chinese companies contacting Indian firms at Canton Fair
Many Indian firms approached their American customers to supply goods at the Canton Fair running in Guangzhou till 5 May. Canton Fair is the world’s largest trade fair.
According to the ET report, Director General of the Federation of Indian Export Organization Ajay Sahai said in an interview, “Indian companies will pay commission to Chinese firms in exchange for the sale of goods in the trade fair.”
Highlights of Phase I of the 137th Canton Fair pic.twitter.com/wzrpfgyl2x
– Canton Fair (@cantonfair) April 21, 2025
That’s why Indian expoters can get more orders
Let us know that Chinese imports in America have been affected due to 145 percent tariffs applied by President Donald Trump. Conversely, the goods sent from India to the US currently are currently charged 10 percent tax, which will be increased to 26 percent in July as the 90 -day ban deadline on Trump’s reciperochl tariff is ending in July itself.
During the first term of Trump, many Chinese expoters, who were targeted by Tariff, approached the southeast Asian countries. Under this, factories were built in Vietnam or shipping in countries like Thailand and then goods were exported to America. But now after the imposition of 46 percent tariffs on countries like Vietnam, Indian expoters are likely to get more orders.
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