Dehradun, July 10 -- US President Trump's tariff war against the world has drawn attention to how much trade interdependence can be exploited by the powerful to the detriment of the weaker or smaller economies. Considering that the purpose of trade and commerce is to manufacture cheap and provide affordable goods to consumers while making a profit, any kind of monopolistic hold that is not regulated can be detrimental to the health of the overall economy. Historically, of course, such situations have led to innovations and technological breakthroughs that have provided alternatives to such strangleholds. In the present day, science and technology are developing so rapidly that shifts in manufacturing patterns can take place much faster.
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