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

All’s well in India, says PM at ‘Howdy Modi’ rally; Trump hints about visit

Modi spoke of his govt’s decision to scrap the provisions of Article 370, and received sustained applause, and asked the audience to give a standing ovation to all members of the of Parliament

“All’s well in India,” Prime Minister Narendra Modi told an estimated 50,000 members of the Indian diaspora in Houston on Sunday at an event titled Howdy Modi and days after his government slashed corporate tax to address concerns of an economic slowdown.

The PM concluded his rousing speech by inviting US President Donald Trump, along with his family, to visit India soon, and the two leaders with their hands clasped, took a round of the stadium waving at the crowd in a gesture to convey the strength of their friendship to which both had alluded to in their respective speeches.

Earlier, addressing the Indian diaspora at the NRG Stadium in Houston, the US President hinted at visiting India as early as October, while Modi seemed to endorse his support for Trump’s re-election next year, and suggesting to the Indian-American community to do the same, by declaring “abki baar Trump sarkaar”.

During his speech, the US President received loud cheers when he said India and the US were united in their fight against “radical Islamic terrorism”, which is likely to be interpreted as a message to Pakistan. Modi spoke of his government’s decision to scrap the provisions of Article 370, and received sustained applause, and asked the audience to give a standing ovation to all members of the two Houses of Parliament….

Read More : Howdy Modi