India, April 14 -- China and the USA are openly announcing a trade war and imposing great tariff hikes. Donald Trump, president of America, raised tariffs on Chinese goods, then China rounded on with its own tariffs and even filed a case at the World Trade Organisation (WTO). President Donald Trump's recent decision to raise tariffs on Chinese goods has prompted China to retaliate with a substantial increase in tariffs on US imports. India is negotiating an active bilateral trade agreement (BTA) with the US. Bilateral trade is to be increased more than two times, from $191 billion to $500 billion by 2030. This agreement addresses tariff and non tariff barriers and enhances market access in order to improve supply chain resilience. What is...
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