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SAGAR BIKKAD

Hey I am on Medial • 6m

In the trade war between America and China, our condition is like that man..😬 How what?👇 The US yesterday imposed higher tariffs on imports of steel, solar modules, batteries and EVs from China. This made those Chinese things expensive in America. That means Chinese things will sell less there. But..for example China has set up so many giant steel factories that tomorrow if all the world's steel factories shut down and China's continues, China will be able to supply the steel demand of the entire world..🤯 Now China exports this excess steel etc. to India..in that India falls close..that means it can afford to give even cheaper steel in India. So cheap that by making steel in India, the steel produced in our factories is more expensive than in China. So India also imposes high taxes on Chinese goods..but despite that China is exporting ~8 Lakh Crores (~ 110 B$) to India every year..🤯

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