Trade war: How India could be Trump’s trump card in 'encircling' China
Monday, 14 April 2025 () The US is crafting a strategy to counter China's global influence, with India playing a central role. Treasury Secretary Scott Bessent envisions a coalition with India, Japan, Vietnam, and South Korea to isolate Beijing economically. India's openness to US trade deals and rejection of Chinese investments signal a strategic alignment, though it remains intertwined with Chinese supply chains.
China raises tariffs on US to 125% in latest trade war escalation
Beijing is responding to the US' decision to hike levies, although China said it's unwilling to go any higher.
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Monday, 14 April 2025 ()
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