India can benefit from Trump’s tariff proposal : NITI Aayog

US President-elect Donald Trump’s pledge to impose high tariffs on three of its trading partners, including China, will provide huge export opportunities for India and the domestic industry should prepare itself to tap into that, Niti Aayog CEO BVR Subrahmanyam said on Wednesday.

Trump last week vowed to introduce 25 per cent tariffs (or customs duty) on imports from Mexico and Canada and an additional 10 per cent on China. “Whatever Trump has announced so far…I think there are opportunities for India. We are a man at first slip, the ball is coming in our direction. Are we going to hold it or drop the catch, it’s for us to see…and I think, you will see some steps in next few months,” he Subrahmanyam told reporters here.