Chinese export hubs like Shanghai and Guangdong are experiencing early disruptions as the US-China tariff war escalates. With shipping halted and factories at a standstill, tensions have intensified following sharp reciprocal tariff hikes announced by both governments this week.
The US crackdown on low-value Chinese e-commerce shipments has opened a rare and potentially lucrative window for Indian exporters, said GTRI in a report.
As the US and China engage in a tariff war, Tanvi Madan, Senior Fellow at the Brookings Institution, said on the sidelines of the Carnegie Global Tech Summit that India is going to be carefully watching these developments. She also spoke about the increasing Indo-US partnership across areas
Speaking about how various global groupings will step up to meet the challenges arising from the US trade tariffs, Carnegie Europe Director Rosa Balfour said that countries and large blocs are coming together to ensure they have a "web of relationships" that can preserve global trade.
John Neuffer, President and CEO of the US-based Semiconductor Industry Association (SIA) has highlighted the acceleration of supply chain diversification within the global semiconductor ecosystem, indicating a significant opportunity for India to expand its role in this critical industry.
Habil Khorakiwala, Chairman of pharma company Wockhardt on Friday indicated that any imposition of tariffs on pharma products by the US administration would be counterproductive for the Americans.
Evan A Feigenbaum, Vice President for studies at the Carnegie Endowment for International Peace, believes that there is a lot of pressure from the financial markets on the US administration to change its course.
Amid the tariff announcements and how US President Donald Trump's administration is handling the major global affairs, experts discuss damage to the US soft power over certain regions and its implications for global security and alliances.
Addressing the Carnegie Global Tech Summit 2025 in the national capital Jaishankar said that the US imposed tariffs has focussed India on the need to actually correcting "a certain skewed nature of our openness to the global economy".
Noting that India is doing a lot of right things to boost its semiconductor sector, John Neuffer, president and CEO of the US-based Semiconductor Industry Association has said that diversification of the supply chains is inevitable and it creates more opportunities for India to be part of
Ashley J. Tellis, Tata Chair for Strategic Affairs and a senior fellow at the Carnegie Endowment for International Peace, said India and the US should not do anything that undermines the complementarity of both partner countries; instead, they should look at boosting the economic partnership