4min chapter

Trumponomics cover image

Why the World Can’t Quit Its Addiction to Chinese Goods

Trumponomics

CHAPTER

The Importance of India's Trade Barriers

Prime Minister Modi has been pushing to reduce India's reliance on Chinese imports. Duties on Chinese toys have been raised from 20% to a whopping 70%. China was the biggest exporter for India in 2014 when Modi came to power and it remains its biggest suppliers nine years later. The conundrum seems to be unsolvable at least for the moment.

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