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Mexico, Canada, and ASEAN benefited more from the US-China trade war than India, a report finds.
A report by the Global Trade Research Initiative shows that Mexico, Canada, and ASEAN gained more from the US-China trade war than India.
While India saw its exports to the US rise by $36.8 billion in sectors like electronics and pharmaceuticals, the report suggests India needs to strengthen local supply chains and reduce reliance on China.
The GTRI also recommends that the US limit Chinese inputs in exports through revised trade rules instead of higher tariffs.
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México, Canadá y la ASEAN se beneficiaron más de la guerra comercial entre Estados Unidos y China que la India, según un informe.