India and Japan can make a better trade deal with us between their trade war with China: Jeffers

New Delhi [India]May 2 (ANI): Amidst the ongoing trade tension between the US and China, countries such as India and Japan, according to a report by Jefferies, may be able to interact on better deals with the US.

Jefferies said, “Japan and India may be able to interact on better deals with America, otherwise the case may not be likely to agree with the conditions that endanger their business relations with China”.

The report also said that China recently issued a strong warning. It said that it will retaliate against any country that signs a trade deal with the US that damages the interests of China. This reflects China’s hard trend as it is related to growing trade stress with the US.

Meanwhile, the Trump administration focuses on separation of China by strengthening trade relations with countries such as Japan and India.

However, the report also states that this strategy cannot work according to the plan, as many countries now trade with the US more with China.

It said “China is now more important than America for many countries”.

In fact, China has become the most important trading partner for a large number of countries. According to IMF data, in 2024, 143 countries performed 71 percent more with China than the US.

Even more striking, in 107 countries -early 53 percent -more than doubled with China, as they did with the US. In comparison, when China joined the World Trade Organization in 2001, these figures were 22 percent and 11 percent respectively.

This change shows how China has grown in a global trade giant, making it difficult for the US to separate it through trade deals alone. However, India and Japan can make a better deal in the ongoing trade fights. (AI)

This report has been auto-generated from Ani News Service. ThePrint does not have any responsibility for its content.