A steep US import tariff on Chinese goods has opened a rare, short-term export window for India’s small manufacturers. Everyday consumer items that were once cheaply sourced from China will now cost significantly more in American stores. This gives Indian small- and medium-sized firms a real chance to step in—much like the opportunity Indian e-commerce firms received with changes to the US “de minimis” rule.In 2024, the US imported over $148 billion worth of such products, with China alone supplying $105.9 billion—nearly 72% of the total. India’s share was just $4.3 billion, or 2.9%. With Chinese goods now sharply more expensive, a large gap has opened in the US market.
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