Two leading experts on China and global trade analyze the ongoing US-China trade tensions on India Today’s NewsTrack. Harvard professor William Kirby provides historical context for the economic rivalry, while Martin Wolf of the Financial Times offers economic insights. They discuss the potential impacts on India, global trade, and the likelihood of economic decoupling between the US and China. Experts discuss the US-China trade war, its impact on global economy, and potential recession risks. They analyze China’s response strategy, effects on other countries, and the future of international trade relations. Key points include the possibility of a US recession, China’s economic resilience, and the changing dynamics of global alliances in response to trade tensions.
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