
Published Apr 9, 2025 at 3:49 PM IST
Economist Akash Jindal Says Trump’s 104% Tariff on China Could Give India a Strategic Edge
The US-China trade war has intensified in 2025 with a staggering 104% tariff imposed by the U.S. on Chinese goods, sending shockwaves through the global economy. This move is dealing a heavy blow to China’s export-driven economy, which is already grappling with deflation, rising debt, and recession fears. Meanwhile, the U.S. and other global markets are facing their own challenges, including rising inflation and the looming threat of a global recession.