Back

I was just reading some articles and research reports, and I found out that there's a trade deficit of 100 billion USD between India and China. And now the USA is increasing tariffs on many countries, I think India could do the same. Maybe this would

See More

Havish Gupta

Figuring Out • 2d

Well Globalisation and Free Trade were promoted for a reason. Everyone trying to get self sufficient doesn't seems like a good idea imo. US Imports from China, so if US setups Manufacturing units, China will technically face losses. Same is the case with almost every country. If on country starts manufacturing, other countries will face the issue and vice-versa.

1 replies1 like
Replies (1)

More like this

Recommendations from Medial

Sagr Sharma

Hey I am on Medial • 29d

Capitalmind CEO Deepak Shenoy said that India should focus on self-reliance, warning that relying too much on imports limits the country’s ability to improve its own production capabilities. he wrote, ā€œThis is why India should make for India. Becaus

See More
0 replies3 likes
Anonymous
Image Description
Image Description

If the US is having a hard time beating China in manufacturing others can only dream.

2 replies13 likes
1
Image Description

Himanshu Dodani

Start now what you j... • 6d

No one can beat China, even the US. Here's why: 1. Production Cost: iPhone assembly in China costs ~$6/unit vs. $30+ in the US. Tesla builds EVs in Shanghai 30% cheaper than in the US. 2. Labor & Scale: Average manufacturing wage in China is ~$3.5

See More
1 replies16 likes
2
Image Description

Havish Gupta

Figuring Out • 2m

China and the USA are now in a trade war! And The Wall Street Journal has even calls it ā€œthe dumbest trade war in history!ā€ So It all began when President Trump imposed higher tariffs on Chinese goods. The idea was that by raising the cost of impor

See More
2 replies
Image Description
Image Description

Nawal

 • 

SELF • 11m

ā€¼ļøChina - India Latest Update . China has emerged as India's largest trading partner with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank The Global Trade Research Initiative (GTR

See More
14 replies23 likes
Anonymous
Image Description
Image Description

why isn't India pushing it's manufacturing sector like China, it can solve many problems like job creation and will boost startup ecosystem in the country as well... I know people in the cabinet are much more smarter than I am, but what are the actua

See More
9 replies14 likes
5

The Outlier

Hey I am on Medial • 2m

šŸšØšŸ‡ØšŸ‡³šŸ‡ŗšŸ‡ø BREAKING: CHINA HAS DEFEATED AMERICA šŸ‡ØšŸ‡³ DeepSeeak BEATS OpenAI šŸ‡ŗšŸ‡ø šŸ‡ØšŸ‡³ BYD BEATS Tesla šŸ‡ŗšŸ‡ø šŸ‡ØšŸ‡³ Huawei BEATS Apple šŸ‡ŗšŸ‡ø šŸ‡ØšŸ‡³ Huawei BEATS US Telecoms šŸ‡ŗšŸ‡ø šŸ‡ØšŸ‡³ Alibaba BEATS Amazon šŸ‡ŗšŸ‡ø šŸ‡ØšŸ‡³ CATL BEATS US lithium-ions šŸ‡ŗšŸ‡ø šŸ‡ØšŸ‡³ TikTo

See More
0 replies3 likes
Image Description
Image Description

Chandrakant Kore

Bussinessman • 4m

what is export? Export is the process of selling goods and services produced in one country to buyers in another country. Exports are a key part of international trade and can help a country's economy grow. Here are some things to know about exports

See More
2 replies4 likes
Image Description

SAGAR BIKKAD

Hey I am on Medial • 6m

In the trade war between America and China, our condition is like that man..😬 How what?šŸ‘‡ The US yesterday imposed higher tariffs on imports of steel, solar modules, batteries and EVs from China. This made those Chinese things expensive in Ame

See More
1 replies5 likes
Image Description

Aura

AI Specialist | Rese... • 6m

India can become $10 tn economy by 2032; beat US, China in manufacturing: Report India is set to add USD 1 trillion to its GDP every 1.5 years over the nex years, aiming to become a USD 10 trillion economy by 2032. This grown will be driven by the m

See More
1 replies4 likes

Download the medial app to read full posts, comements and news.