The United States has increased trade tensions by imposing new tariffs on imports from Canada, Mexico, and China. These include 25% tariffs on Canadian and Mexican goods and 20% on Chinese products, leading to a sharp drop across global stock markets and strong reactions from these countries, hitting back with...
India has had limited success in benefiting from the ‘China Plus One strategy,’ while countries like Vietnam, Thailand, Cambodia, and Malaysia have gained more from factors such as lower labor costs, simplified tax laws, reduced tariffs, and active Free Trade Agreements, according to Niti Aayog report. It said that the...
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