New Delhi, April 10 -- United States President Donald Trump on April 9 said he is "pausing" his reciprocal tariffs on all countries except China. The move brought joy back into the global markets, but China is now slapped with tariffs as high as 125 per cent.

Amid this, we ask: Is this India's time to shine? Yes, believe representatives of the Confederation of All India Traders (CAIT).

Praveen Khandelwal, Secretary General of CAIT and BJP Member of Parliament from Chandni Chowk (Delhi), says Donald Trump's decision to impose 125 per cent tariffs on Chinese goods is "both an opportunity and a challenge for India's trade and industry".

According to Khandelwal, trades and small industries in India "must devise a strategic approach to take...