As certain Chinese goods will become very expensive in the US market and vice versa because of the US-China trade war, Indian companies can take advantage by producing the goods that China has imposed tariffs on and supplying to China at a relatively lesser price, according to Nicole Bivens Collinson, President of Sandler, Travis & Rosenberg.
Several other countries, including Japan and Korea, have already notified the World Trade Organisation (WTO) of their intent to impose tariffs on many US-origin goods and if Indian firms manufacture these goods, they can supply to those markets, said Collins.
ST&R is a premier international trade, customs and export law firm representing importers, exporters, manufacturers, governments, brokers and freight forwarders, with nine offices across the United States and Asia.
