Topic: Trade War

The chances of a trade war that raise inflation and reduce India’s economic growth are much higher under a Trump presidency.

India has reasons to achieve pragmatic economic exchanges, as articulated in the Economic Survey—the inescapability of Chinese supply chains, the ineffectiveness of tariffs, and India’s dependence on Chinese imports for its manufacturing sector.

Joining a China-led trade arrangement because the US is unwilling to provide an alternative is a strategic equivalent of cutting your nose to spite your face.

A careful analysis of Trump’s policies on China reveals that the primary driver is self-interest. And India can’t count on it.

Reproducing the kind of supply chains, marketing access & existing contacts built up by manufacturers in China’s industrial cities is a big challenge.

US and China have been locked in a trade war for a year, which included Trump slapping huge tariffs on Chinese goods.

Tensions between China and the US force nations to take sides. It’s a path that’s grimly reminiscent of the aftermath of World War II.

Maritime shipping volumes grew just 2.7% to 11 billion tons last year, says United Nations Conference on Trade and Development, in its annual review.

Modi has at last found a way to be useful to Trump.

Modi govt has asked China to provide quick clearances for made-in-India drugs at the India-China Strategic Economic Dialogue meet held between 7-9 September.