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Trade war with India will not be in the interest of US, says RIS

January 2, 2025
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New Delhi - Initiating trade war with India will not be in the interest of the US, as seen in the past, the Research and Information System (RIS) for developing countries said recently.

Given the past experience, new policy shifts may cause temporary setbacks in the short term, but these are often counterbalanced in subsequent years," it said in its policy brief on Trade, Tariff and Trump.

"This resilience stems from the proactive responses of affected countries, which include measures such as unilateral tariff hikes, appeals to the WTO's dispute settlement mechanisms, and . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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