World Perspectives

Indo-American Trade War; Sino-American Impacts; Cars and Soybeans

Indo-American Trade War Unlike many other governments, New Delhi had been holding off on counterretaliation against the Trump administration’s Section 232 tariffs on steel and aluminum. The fear was that such a response would further inflame Washington’s threat of withdrawing Generalized System of Preferences (GSP) privileges from India. The two sides have failed to reach a broader agreement on trade irritants, and Washington looks set to withdraw those duty-free privileges used by Indian exporters. This means that India is likely to move forward with counterretaliatory duties against imports from the U.S., which are bound to include agricultural products like pulses, feed and ethanol.    Sino-American Trade War Se...

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