US President Donald Trump had imposed 50 percent tariff on India for purchasing oil from Russia. Indian businessmen were suffering huge losses due to this decision, but now Trump may face a big blow. India’s exports to China have increased by 22 percent. India has benefited greatly from this in the first half of the financial year 2025-26.
Relations between India and China have improved recently. China’s attitude towards India has become quite friendly and trade has benefited from this. According to a Hindustan Times report, India’s exports to China have increased by about 22% in the first half of FY 2025-26 compared to the first half of FY 2025. This includes items including telephone sets, shrimp, aluminum and capsicum.
Shrimp industry suffered huge losses
The US tariffs had a negative impact on India’s shrimp exports. According to global data, air cargo exports from India to the US declined by 14 percent due to tariffs. The shrimp industry of Andhra Pradesh is estimated to suffer a huge loss of about ₹25,000 crore. It has been claimed that 50 percent of orders were canceled due to the tariffs.
What did the Chinese ambassador say about India’s exports?
Chinese Ambassador to India Shi Feihong shared a post about India-China trade. Expressing his happiness over exports, he wrote, “India’s exports to China have increased by 22 per cent in the first half of FY 2025-26. China will expand its market for premium Indian goods.”
Trump’s tariff plan against India and China
US President Trump imposed tariffs on India and China as well as other countries. He imposed 50 percent tariff on India on buying oil from Russia. Meanwhile, the tariff war between China and the US continued for a long time.