Countries like India, Mexico, Vietnam, Canada, South Korea, and Germany expanded their exports to the US, and expected boost to local manufacturing not materialising, according to an analysis by Global Trade Research Initiative (GTRI).
With the coming back of Donald Trump, a new tariff war is expected which might further realign world trade and offer more opportunities for India and other similarly placed countries, the trade policy think tank said in its report.
This story is from the December 16, 2024 edition of Financial Express Pune.
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This story is from the December 16, 2024 edition of Financial Express Pune.
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