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US opts for Indian products amidst trade tensions with China

Amid rising trade tensions, American importers of sports goods, toys, stationery, cables and electronics parts are turning to Indian sellers of these goods as Chinese products become expensive due to the US-China trade war. The US is planning to replace Chinese exports with Indian products in at least seven product lines including vulcanised rubber, footwear and kitchen accessories. India exported these items worth $1.5 billion in FY19 to the US, and the industry is keen to ramp up capacity to meet the potential demand.

India has a scope to increase its exports by 25 per cent since inquiries have increased since the US’ announcement to impose a 25 per cent duty on some Chinese products. In case of footwear, an American importer wants one million pairs annually.

The department of commerce has already identified 203 products where exports to the US could be increased by replacing Chinese exports as it already has market access for these items and is a competitor of China.

 
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