Trump’s New Tariffs on China: Impact & Opportunities for India
1. Trump’s Tough Stance on China
- Heavy tariffs planned to restrict China’s military spending ($600 billion).
- Existing 54% tariffs may increase to 104%, making Chinese exports costlier in the U.S.
2. China’s Likely Retaliation
- May ban Hollywood films, creating opportunities for Indian cinema (e.g., Dangal earned ₹1,230 crore in China).
- Already imposed 34% tariffs on U.S. goods.
3. How India Benefits
- Bollywood films could gain more market share in China if Hollywood is banned.
- Trade shift: U.S. may prefer Indian manufacturing over Chinese imports.
- India-U.S. trade deal talks by 2025 to reduce tariff impacts.
4. China’s Global Challenge to U.S.
- Released a video criticizing U.S. policies (Gaza, migrants, exploitation).
- Positions itself as an alternative global leader offering “security, equality, prosperity.”
5. Quick Quiz
An ancient theater was found in the Ionian Islands. Which country does it belong to?
- Options: Indonesia, USA, Australia, or Greece? (Answer in comments!)