The China-US Trade War and South Asian Economies

The USA and China have been engaged in a trade war since January 2018, which has had a significant impact on the global economy. This book provides insights into the damages caused by the trade war and examines its impact on the South Asian region, which has benefited from the widening trade dispute. It will be a useful reference for policymakers to undertake informed decisions and initiate programs to minimize the trade war impact.

Format: Paperback / softback
Length: 278 pages
Publication date: 30 September 2022
Publisher: Taylor & Francis Ltd

The United States and China, the world's two largest economic powers, have been engaged in a trade war since January 2018, which has far-reaching consequences for both countries and their economic partners. This book aims to provide insights into the damages caused by this trade war and its impact on the global economy, particularly in the South Asian region.

The first section of the book explores the impact of the trade war on the global economy. It examines the effects of new tariffs and increased tariffs on imports and exports, highlighting how they can make goods more expensive and less competitive. However, the book also suggests that the trade war has provided an opportunity for other countries, particularly those in the South Asian region, to benefit from the widening trade dispute.

The South Asian region, which includes countries such as Bangladesh, India, and Sri Lanka, has experienced positive effects from the trade war. These countries have been able to leverage their strategic location and diversify their export markets, which has helped them to mitigate the impact of the trade war. For example, Bangladesh has been able to increase its exports to the United States, while India has seen growth in its exports to other countries, including China.

The book will be a valuable resource for policymakers and decision-makers who are seeking to understand the trade war's impact and develop strategies to minimize its effects. It provides a comprehensive analysis of the trade war's historical background, its economic implications, and the opportunities and challenges that it presents for countries in the South Asian region.

In conclusion, the trade war between the United States and China has had a significant impact on the global economy, particularly in the South Asian region. This book provides valuable insights into the damages caused by the trade war and offers strategies for policymakers to mitigate its effects. By understanding the trade war's impact and taking proactive measures, countries in the region can position themselves to thrive in the changing economic landscape.

Weight: 430g
Dimension: 154 x 232 x 21 (mm)
ISBN-13: 9780367513825