India well-placed to gain from global trade realignment, says Oppenheimer’s Stoltzfus

India stands to gain as global trade realigns, reducing reliance on a single country, according to John Stoltzfus, Managing Director and Chief Investment Strategist at Oppenheimer Asset Management. He sees this shift creating new opportunities for India and other emerging markets.“This should be marvellous for India, for Mexico, and many other countries,” Stoltzfus said, adding that a more balanced trade system could work in India’s favour.

While China’s recent efforts to boost its economy have drawn some investors back, he sees India as a key winner in the long run.

Also Read: Trump’s tariffs may not last long as they weigh on market: CitiAlthough India’s stock market has seen some underperformance recently, Stoltzfus remains positive about its outlook. He noted that some investors moved funds to China to take advantage of low valuations, but he is “surprised at the disenchantment with a market like India…but ultimately, India is a winner in this diversification process.” He believes India’s growth story remains intact despite short-term fluctuations.

The changes in global trade ties are also influenced by US tariff policies. Stoltzfus suggested that if the US rolls back tariffs on Canada and Mexico, it could lift market sentiment. However, the US is also looking to rework its trade partnerships to bring more industries back home.Also Read: Trump tariffs on drugs: 5 ways it could end, as per Lupin CFO

“We would expect that the markets would have a good rally on that,” he said, explaining that a tariff rollback would reinforce economic interdependencies rather than separation.

For the entire interview, watch the accompanying video

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