25 Sep 2025 | 3 Mins Read
Trump tariffs to hurt India, China to gain
Flipitmoney
EM strategist Adrian Mowat forecasts India's equities to face more headwinds than tailwinds in 2025. He cited US punitive tariffs, H-1B visa clampdown, and random steel tariffs as fresh policy headwinds. In contrast, China is expected to outperform India, driven by dividend hikes, rising buybacks, and strong performance of Chinese tech names.