Dehradun, April 7 -- Countries around the world are responding in different ways to the tariff assault initiated by the US under President Donald Trump. China has enforced counter-tariffs, indicating thereby that it is ready to take the US head-on. As the second-biggest economy, it is naturally inclined to use the clout it has worked strenuously to develop over the years as a means to establishing its dominance. India, on the other hand, which economists feel will be less impacted than others because of a large and growing domestic market, has shown its willingness to negotiate a mutually beneficial agreement with the US. Some small countries dependent on just a few products for export earnings are the hardest hit.
The adverse impact of th...