New Delhi, April 18 -- New Delhi: India has sharpened its trade surveillance tools to stave off a potential surge in imports, as the tit-for-tat tariff war between the US and China intensifies, prompting exporters in the two countries to look for alternative markets for their products.
Chinese and American goods, meant for each other's markets, could be routed to India via Vietnam, Indonesia and Nepal, three government officials aware of the matter said.
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The US on Wednesday slapped a steep 245% import tax on a wide range of Chinese goods, which could lead to a rerouting of Chinese exports to India. The hostility between the world's top two economies has wors...
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