A new ‘China Shock’ is destroying jobs worldwide – with India in crosshairs
US President Trump is intensifying his trade war, imposing tariffs on India from April 2 for what he claims are unfair duties on US goods. While targeting China’s economic expansion, the resulting oversupply of cheap Chinese products is harming local industries globally. Countries like India are considering tariff reductions to avert a full-scale trade war.
US President Trump is intensifying his trade war, imposing tariffs on India from April 2 for what he claims are unfair duties on US goods. While targeting China’s economic expansion, the resulting oversupply of cheap Chinese products is harming local industries globally. Countries like India are considering tariff reductions to avert a full-scale trade war.
