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US-China tariff war could benefit several sectors in India while harming a few others
President Joe Biden imposed fresh tariffs on Chinese products to protect American workers from unfair trade practices. The move includes specific tariffs on semiconductors, electric vehicle batteries, solar cells, as well as steel and aluminium imported from China. How does this brewing geopolitical trade war impact Indian firms? Experts say the impact could be in two ways, benefitting some sectors, while harming the few others.