DMPQ- What is a Trade war? What are the implications on India of the US China Trade war?

Trade war is a situation where countries restrict each other’s trade by imposing tariff or quota on imports.  US has started imposing tariffs on as much as 25 percent on $34 billion in Chinese imports.  China responded with retaliatory tariffs of 25% on US goods worth an equivalent $34 billion, including soybean, automobiles, and marine … Read more DMPQ- What is a Trade war? What are the implications on India of the US China Trade war?