//php if(!empty($last_str)){if(!preg_match('~[0-9]+~', $first_str)){echo $title;}else{echo $last_str; }}else{echo $title;}?>588 : India and the Global Trade War: Long-term Impact can be serious
Amitendu Palit
12 July 2018
India has entered the global trade war by joining countries retaliating against unilateral
United States (US) tariff hikes. While the immediate impact of the friction is insignificant for
India, it can be substantive if the US initiates specific trade actions. This possibility cannot be
ruled out, given the acrimonious bilateral trade ties, the US tendency to act on trade on
national security grounds and the inability of the World Trade Organization to prevent such
actions. India’s defensive outlook might also prevent it from capitalising on possible
opportunities arising from a new trade order aiming to isolate a protectionist US