 "US China trade war")
Market access restrictions in China and lack of manufacturing capability in technology items such as semiconductors could deprive India from taking advantage of the trade war between the US and China, which officially kicked in from Friday. However, the industry is hoping that imports of several commodities may become cheaper as a result.
The US on Friday imposed up to 25 per cent import tariff on 818 Chinese products. The move is set to affect around $34 billion worth of US imports, mainly intermediate capital products, including industrial magnates, semiconductors and printed circuit boards that are used by American companies to
