27-April-2025
Corporate News
 
Trade war narrows down to US-China, Chinese trade deflection a real worry
26-Apr-2025

Ever since Donald Trump took charge on January 20 as 47th President of the US, raising import tariff has been his key weapon to reset international economic relation agenda. Starting with the release of “America First Trade Policy Memorandum” on the very first day of his second term, followed by series of announcements/actions on tariffs hike to finally pausing the implementation of reciprocal tariff (except for China) for 90 days, President Trump’s action on trade policy has created major upheaval on trading landscape. However, in the end or for the time being the trade-war appears to be narrowing down to US-China, more like a continuation of Trump1.0.

News Source:- https://www.business-standard.com/economy/analysis/trade-war-narrows-down-to-us-china-chinese-trade-deflection-a-real-worry-125042500858_1.html