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World Dodging the U.S-China trade crossfire

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World Dodging the U.S-China trade crossfire
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Date of Event: Dec 11, 2024
Source : https://www.reuters.com/world/india/india-file-us-china-trade-crossfire-2024-12-11/ Short Summary: If a trade war breaks out between the U.S and China, India's two largest trading partners, the collateral damage could spread beyond steel to other sectors including machinery, electronics and chemicals, where China may face additional tariffs, analysts say.

This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get latest news from India and how it matters to the world.


This week on the India File, we focus on soaring imports of Chinese steel into India, which may be a harbinger of things to come in other industries if China is hit with more U.S. tariffs. Could India find itself stuck in the middle of a U.S.-China trade war?

India appoints Sanjay Malhotra as central bank governor, a surprise move that will add uncertainty to the next monetary policy move. Scroll down for more on that.

@Krishna with Flute @Jiangnan
 

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