Undermining of the World Trade Organization's dispute settlement body does not bode well in view of the trade war
China unveiled tariffs on $3 billion of US imports in response to steel and aluminum duties ordered by Trump earlier this month
Yet even with all that, the betting is that both economies are strong enough to take the hit and keep on growing soundly
T N Ninan asks which country is the greater threat to the world system: China or the US?
During decades of protectionism via placement of very high customs duties on all sorts of goods, India's domestic industries all turned into monopolies producing shoddy, over-priced goods
India's domestic economy could also suffer some ill-effects without necessarily triggering retaliation via higher tariff barriers against Indian goods
Benchmark indices slump most in nearly a month; Metal stocks melt
US officials bluntly accused China on Saturday of 'stealing our intellectual property'