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Growing US-China cooperation will benefit not only the two countries but the rest of the world, according to a leading US think tank. In a recent report titled ‘Reconsidering US-China Economic Relations: the Way Forward’, the Bay Area Council Economic Institute acknowledged the difficulties in ties,
While the impact of the Sino-US trade dispute on the Chinese economy will be negative, causing more damage to the Chinese economy than to the US economy, they will be manageable for China. I estimate the maximum possible damage, assuming that all Chinese exports of goods to the US are halted, at 2.4
The Office of the United States Trade Representative (USTR) has revoked duty-free concessions on import of at least 50 Indian products, mostly from the handloom and agriculture sectors. The federal register notification mentioned 90 products that were so far subject to duty-free provisions under the
