India has opportunity to gain from US-China trade war: Wilbur Ross at WEFIndia has opportunity to gain from US-China trade war: Wilbur Ross at WEF

US will highlight how India can step into the breach in Beijing’s exports to Washington, Ross said

India has an opportunity to take advantage of the trade tension between the US and China, US Secretary of Commerce Wilbur Ross said on Thursday at a World Economic Forum (WEF) event, even as the two sides are looking to sign a deal “quickly”.

The US will highlight how India can step into the breach in Beijing’s exports to Washington, Ross said at the session “Trading Against the Tide”, attended by Commerce and Industry Minister Piyush Goyal.

“India has a wonderful opportunity to take advantage of trade dissension elsewhere. In our one-on-one meeting with Goyal, we prepared a chart about the areas where China is a big exporter to us compared to what India is exporting to us, the possible solutions, and how we change that mixture,” said Ross at the India Economic Summit, organised by the WEF and the Confederation of Indian Industry (CII).

In an interview to Reuters on the sidelines of the event earlier, Ross said the US was looking to level the playing field. “The US is the least protectionist country of the major powers. India is, if not the most protectionist, certainly one of the most protectionist.”

Read More: India US Trade Talk