Diplomacy amid trade wars
The invitation comes at a time of intensifying global trade disputes, particularly between the US and China. President Donald Trump has recently imposed tariffs of up to 145% on certain Chinese goods, with some duties reportedly reaching 245%. In retaliation, China has levied tariffs of 125% on US products. India, too, found itself caught in the crossfire when the US slapped a 27% tariff on select Indian exports earlier this year, though a 90-day pause has since provided some relief.
#USChinaTensions
The invitation comes at a time of intensifying global trade disputes, particularly between the US and China. President Donald Trump has recently imposed tariffs of up to 145% on certain Chinese goods, with some duties reportedly reaching 245%. In retaliation, China has levied tariffs of 125% on US products. India, too, found itself caught in the crossfire when the US slapped a 27% tariff on select Indian exports earlier this year, though a 90-day pause has since provided some relief.
#USChinaTensions