NEWS
- 25 March | The Honest UPSC Talk Nobody Tells You Click Here to see Abhijit Asokan AIR 234 talk →
- 10 March | SFG Folks! This dude got Rank 7 in CSE 2025 with SFG! →
- 10 March | SFG Folks! She failed prelims 3 times. Then cleared the exam in one go! Watch Now! →
Context
India must stay clear of the US-China trade war, focus on reviving the domestic economy
Backdrop
- US imposed tariffs on Chinese imports worth up to $60 billion after an earlier move to raise import duty on steel and aluminum products coming into the US
- China has retaliated imposing tariffs on US imports worth $3 billion, including aluminum, steel pipes, US pork besides fruit and wine fuelling fears of a trade war
How does it impact India?
The threat of a trade war comes at a time when global economy is on the recovery mode with signs that Indian exports might be benefitted with a subsequent increase
What should India do?
Indian government should focus more on reviving the economy and ensuring the completion of projects. A resurgent economy is the best insurance to counter the threat to the global economic recovery
