Business, Finance, Economy News Live Updates: Donald Trump’s return to the White House could trigger more protectionist trade policies, particularly against Chinese imports, prompting China to adjust its export strategy. Naveen Jindal, President of the Indian Steel Association, warns this could lead to China redirecting surplus steel to India. He also expressed concerns over ASEAN steel-making capacities, backed by Chinese investments, potentially exploiting Free Trade Agreement (FTA) loopholes to dump cheaper steel in India. Jindal discusses the impact of these factors on India’s steel sector and the challenges posed by China’s ongoing steel dumping and the upcoming Carbon Border Adjustment Mechanism (CBAM).
