Mark Mobius On Trump Policy, Chinese will be saved from Trump’s havoc by taking refuge in India, predicts the veteran, what is Dragon’s ‘Jugaad’ plan? – Chinese companies moving to India to get around us tariffs mark mobius on trump policy

by times news cr

New ⁢Delhi: Well-known investor Mark Mobius believes that US⁤ President Donald Trump’s high tariffs will not ​lead to a decline in global ⁣growth. Companies will adjust their prices. People will accept a small ⁣increase in prices. China will also protect itself ‍from Trump’s tariff policies. ​For this ​he has many tricks.⁣ Chinese companies have started turning to India for​ production. This is a ⁣way to⁣ avoid ⁢US tariffs. India definitely ​hopes to get ​special benefits ‍from Trump’s arrival. According ⁣to⁤ Mark Mobius, he is in a very good condition.​ Mark Mobius ‍has said ⁢that global development will be better in⁣ Trump’s⁢ second term. Even increasing tariffs ‌will not affect growth. India will especially benefit‍ from⁤ this development.

According to Mobius, further ​growth looks better⁤ in the US and the rest of the​ world, especially India. ⁤India is doing very well.

China has many ways to boost the economy

The famous investor said that China⁣ has many ways to boost its economy. Unlike ‍many countries, where you have to go through lengthy laws and debates etc. China can say, Trump is going to impose 10% tariffs, we will devalue the Chinese yuan by​ 10%. This will make⁢ Chinese goods globally competitive.

Mobius said, of course, this may harm other countries and they may ⁤have to devalue in line with the Chinese devaluation. But, China will find ⁢ways ‌to deal with these problems. It is already building plants in other parts of the world. This has benefits ​for other countries, especially in Southeast Asia. Chinese ​companies are turning to India‌ for‌ production. This is ⁢a way to avoid US tariffs.

China will not suffer much loss

“I don’t think China is going to suffer too much ​because they’re going to be able to keep up with what the Trump administration is​ doing,” Mark Mobius said.

Mobius ‍further said that what will ⁢happen is that high labor input‍ manufacturing in China will move to India and other parts of the world. The reason is that labor rates in China are​ going up, not down. Population ‌is also increasing. So, the combination of‍ these ‍factors will ⁣be very beneficial ‌for India⁤ going ‍forward.

Interview between the Time.news Editor and Mark​ Mobius

Editor: ⁢Good afternoon, Mark.​ Thank ⁣you ‍for joining us today. Your insights on global markets are always a pleasure to hear. Recently, you made some intriguing comments regarding President Trump’s high​ tariffs and their impact on global ⁢growth. Can you ⁢elaborate⁢ on why you⁢ believe these⁣ tariffs won’t lead to a decline in ​global growth?

Mark Mobius: Good afternoon! I’m happy to be here. ⁢The primary⁤ reason I believe Trump’s tariffs won’t derail global growth is that companies are incredibly adaptable. They ‍have a remarkable ability to adjust⁢ their‍ pricing strategies in response to external ‍pressures. So while we may see a slight increase in prices for ​consumers, it’s not something that will significantly stunt growth overall.

Editor: That makes sense. ⁤But many worry that the tariffs‌ could lead to trade wars and impact economies negatively. What do you think will happen⁣ on the ground, particularly with China in the⁣ mix?

Mark Mobius: That’s a valid concern,‌ but ​China is not⁤ sitting still. In fact, they’ve been quite proactive. Chinese companies are diversifying their production capabilities by shifting ⁣some operations to⁣ countries⁣ like India. This ⁣strategy not only helps them evade certain tariffs but also opens up new markets for them.

Editor: So you’re suggesting that these tensions could actually lead⁤ to new alliances, especially between China and India?

Mark Mobius: Precisely! India ⁤stands to gain significantly from these changes. As Chinese firms look to India for production alternatives, they not only avoid Trump’s tariffs but also tap into India’s vast market potential. It’s a‍ win-win for both countries, and it could bolster​ India’s economic landscape.

Editor: Interesting perspective. Given these dynamics, do you have a forecast for global development in the coming years, especially with the prospect of Trump’s second term?

Mark Mobius: I’m quite ⁢optimistic about global development in a potential second term for Trump. His administration has shown a preference for fostering a business-friendly environment. ‌If‌ this⁤ continues, we ‍can expect innovation and‌ investment to thrive, which would positively influence global growth.

Editor: ​ It’s encouraging to‍ hear such a positive ⁤outlook. However, what would⁢ you say to those who⁢ feel anxious about the short-term consequences of tariff policies?

Mark Mobius: It’s important to remember that economic‌ cycles always have their‍ ups and downs.⁤ Short-term disruptions can lead to long-term benefits, as companies and economies adapt to new realities. The key is to remain focused on​ the bigger picture. The current scenario might be challenging, but the resilience of the global market is impressive.

Editor: Thank you for your insights, Mark. As always, it’s enlightening to hear your thoughts on these complex issues. We appreciate your time and look forward to your future forecasts!

Mark‍ Mobius: Thank you ⁢for having me.‌ I always enjoy our discussions, and I’m excited to see how these global dynamics unfold.

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