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Beyond the numbers: Will China and India capitalise on US tariff twist?
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The US Supreme Court had earlier struck down the sweeping tariffs imposed by President Donald Trump in 2025.
PHOTO: REUTERS
- The US has imposed a new global 10% tariff after Trump's so-called Liberation Day tariffs were struck down, prompting India to cancel trade talks and China to consider adjusting its countermeasures.
- The ruling is viewed as tactically favourable to China, though non-tariff issues with the US remain ahead of Trump's upcoming visit to Beijing.
- India also has a stronger negotiating stance, say experts, who urged against quick concessions.
AI generated
SINGAPORE/NEW DELHI - New openings have been created for two of Asia’s largest economies, China and India, in their trade talks with Washington now that the sweeping tariffs imposed by President Donald Trump in 2025 have been struck down by the US Supreme Court
Mr Trump swiftly replaced them with a new 10 per cent global tariff rate that he said would rise to 15 per cent.
