Moody’s ratings suggest India and other Asian countries may benefit due to the rising US-China tensions and potential investment restrictions in strategic sectors after Donald Trump’s return to the White House. “In Asia-Pacific region, trade and investment flows might be further diverted away from China as the US tightens investments in strategic sectors, which would negatively affect China’s economy and consequently dampen regional growth. However, this shift might benefit India and ASEAN countries,” the global rating agency said. The global agency anticipates a significant shift under the Trump administration across fiscal, trade, climate, and immigration issues, departing from the approach of the administration of the current US President Joe Biden.
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