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India may gain as US-China trade tensions push automakers to diversify: Report

IndiaTimes Saturday, 3 May 2025 ()
Amid US-China trade tensions, Indian auto component manufacturers may benefit as global OEMs seek alternative suppliers due to rising tariffs on Chinese imports. While the US imposes tariffs on Indian auto parts, a potential bilateral trade agreement by 2025 could enhance India's competitive position. However, escalating trade wars and weakening US growth could pressure discretionary consumption in India.
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News video: China Fumes as U.S Ally Australia Sends Warship to South China Sea| South China Sea Tensions Explode

China Fumes as U.S Ally Australia Sends Warship to South China Sea| South China Sea Tensions Explode 03:38

Australia has deployed its warship, HMAS Sydney, to the South China Sea as part of a three-month Indo-Pacific mission, further escalating tensions in the region. This move follows a series of provocative actions, including China’s naval circumnavigation of Australia earlier this year and a recent...

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