The trade war between the USA and China has rumbled on for several months now, as leaders Donald Trump and Xi Jinping trade blows by imposing ever-increasing tariffs on goods imported from one another’s nations.
Each new import tax levied by the US has been met by a retaliatory response from its Chinese counterparts, with hundreds of billions of dollars’ worth of goods being affected on both sides. Yet as a truce breaks out between the two countries, with no new tariffs to be introduced within 90 days, India may also be watching closely. The outcome of the US-China talks may hold significant implications for the influential South Asian nation and its diverse exports.
India has long benefitted from exporting a wide range of goods to the US. Everything from luxury items like pearls and other precious stones, to key manufacturing parts like rubber and silicone washers, have made their … Read the restRead more