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Where tougher trade turns rivals into partners
Ira Porter
The Trump administration offers several explanations for applying tariffs on countries, blocs, and territories across the globe. These levies, it says, will balance trade, promote domestic manufacturing, and strengthen national security. They are also starting to shift centers of geopolitical gravity. India and China have a long history of mutual suspicion. But as Fahad Shah reports today, Washington’s more aggressive economic tactics are turning these foes into friends. International trade partners, China’s envoy to India said recently, “should complement each other and lead to mutually beneficial win-win cooperation.”
