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Indian exports may take a hit as trade war could lower growth in China, US

A continued trade war would affect other secondary markets as well, due to the size and trade connections of both nations

Indian export might be hit as trade war may lower growth in China, US

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Last Updated : Mar 23 2018 | 11:19 PM IST

Exports from India could be hit as a fallout of a global trade war between America and China. The dispute could lead to demand falls and higher costs, pushing up prices.

"Such tariff wars come at a time when the world economy is just about getting out of a slow growth phase. If global trade volume shrinks on account of this trade war, our exports are bound to be buffeted. The expected double-digit growth in export in FY19 might not happen," went a report issued by CARE Ratings on Friday.

"Global growth can be affected, as a trade war will

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