Did we just overhype the US-China trade war?
Tariffs dropped: US from 145% to 30%, China from 125% to 10%.
Now both sides enter 90-day talks.
Markets are green.
Companies hit by China are bouncing back.
Dow & NASDAQ up.
Win-win?
But you have to stay
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2 replies7 likes
Rohan Saha
Founder - Burn Inves... • 1m
USA has removed tariffs from smartphones and computers, meaning that even if tariffs are imposed after 90 days, there will be no effect on these items.
0 replies2 likes
Drish Sinha
Always open to learn... • 1m
This is the right time to start an export buisness to USA 😂😉
If China and USA keeps raising tariffs India can benefit from this🌜
0 replies7 likes
Rohan Saha
Founder - Burn Inves... • 4m
If the USA imposes extra tariffs on China, the price of gold will also increase. Has anyone thought about this? Because China produces the most gold in the world—around 12% of the world's gold comes from China.
The more trade tension there is between the USA and China, the more it is benefiting Indian exporters. The USA has imposed tariffs of over 200% on China. Apple and some other American companies are now sourcing a lot of goods from India for their own
Today, the USA's market also opened in the green, similar to the Indian market. China has filed a complaint against the USA in the WTO regarding their tariffs, so the situation is getting a bit tense now.
0 replies2 likes
Rohan Saha
Founder - Burn Inves... • 2m
No doubt, India conducts 17% of its exports to the USA, but it is very important for us to know that India is gradually diversifying its exports. Therefore, our market does not face as much risk from USA tariffs as others, like China. On the contrary