29 Oct 2018 US CHINA TRADE WAR - India can become more competitive in segments such as textile, garments and gems and jewellery since India 28 Jun 2019 American companies run a significant trade surplus in China, which means that they are particularly vulnerable to the effects of a potential US-China trade war. India is now the world's 5th largest economy In the longer term, the erection of walls between the world's two largest economies would likely 21 May 2019 In a worst-case scenario, the OECD foresees the US-China trade war wiping The new tariffs, if maintained, double the impact of those introduced in in a recession), and India, which will grow at 7.2%, the fastest in G20.