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Wednesday, December 03, 2025 | 03:36 AM ISTहिंदी में पढें
The real culprit on trade: China, not Trump, broke trading system
The interregnum of a Democratic administration under President Joe Biden did little to reverse Mr Trump's original actions destabilising the global trading order
 "Us trade policy, china trade")
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There is no recourse within the WTO system for China’s trading partners if they want to correct this issue. It is not entirely surprising that both parties in the US have lost faith in WTO dispute settlement. (Illustration: Ajaya Mohanty)
American President Donald Trump’s tariff rampage appears to have fatally wounded the global trading system. The United States’ (US’) mercurial President declared during his campaign last year that “tariffs” were his favourite word, and his actions in office seem to indicate that, on this occasion at least, he was telling the unvarnished truth. India, in spite of hopes that recently announced trade negotiations would delay the inevitable, is not going to be spared: Mr Trump told a right-wing news outlet in the US that India, too, would be hit by tariffs on April 2.
Such trade measures are an escalation,
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Topics : BS Opinion trade US trade deals China Trump
