Donald Trump, US: India was suffering huge losses due to Trump's tariffs, but America has suffered a major blow due to its support for China.

US President Donald Trump imposed a 50 percent tariff on India for purchasing oil from Russia. This decision was causing significant losses for Indian businesses, but now Trump may face a major setback. India's exports to China have increased by 22 percent. India has benefited significantly in the first half of the 2025-26 fiscal year.

Relations between India and China have improved recently. China has become significantly more accommodating towards India. This has benefited trade. According to a report in the Hindustan Times, India's exports to China increased by approximately 22% in the first half of 2025-26 compared to the first half of fiscal year 2025. This includes telephone sets, shrimp, aluminum, and bell peppers, among other items.

The shrimp industry suffered heavy losses.

US tariffs severely impacted India's shrimp exports. According to Global Data, air cargo exports from India to the US declined by 14 percent due to the tariffs. Andhra Pradesh's shrimp industry was estimated to suffer massive losses of approximately ₹25,000 crore (approximately $25 billion). It was claimed that 50 percent of orders were cancelled due to the tariffs.

What did the Chinese ambassador say about India's exports?

China's ambassador to India, Shi Feihong, shared a post about India-China trade. Expressing his delight, he wrote, "India's exports to China increased by 22 percent in the first half of fiscal year 2025-26. China will increasingly accommodate premium Indian goods in its market."

Trump's tariff plan against India and China 

US President Trump imposed tariffs on India, China, and other countries. He imposed a 50 percent tariff on India for purchasing oil from Russia. Meanwhile, a tariff war between China and the US continued for a long time.