Trump, Xi Jinping's Mistakes Pave Way for India's Trade Boom: 32 Nations Rush for Deals

America
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News18•04-02-2026, 16:19
Trump, Xi Jinping's Mistakes Pave Way for India's Trade Boom: 32 Nations Rush for Deals
- •Over 32 powerful nations, including the EU, have finalized trade agreements with India since early 2026, with the EU deal dubbed the 'Mother of All Deals'.
- •Donald Trump's 'Tariff War' on Indian goods, including a 50% tariff, backfired as India sought alternatives, forcing the US to reconsider its strategy.
- •Xi Jinping's aggressive policies and China's unreliable supply chain led global partners to seek alternatives, positioning India as a reliable trade partner.
- •India has signed significant agreements with the UK, Oman, and New Zealand in the last 12 months, further expanding its global trade footprint.
- •Canada's Mark Carney and Brazil's Lula da Silva are set to visit Delhi to finalize trade deals, while the US recently reduced tariffs on Indian goods from 50% to 18%.
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