Trade Wars
Trade wars are not fought with missiles and tanks, but their impact can be just as devastating. They are battles waged with numbers, policy manoeuvres, and, often, a touch of political bravado.
Trade wars are not fought with missiles and tanks, but their impact can be just as devastating. They are battles waged with numbers, policy manoeuvres, and, often, a touch of political bravado.
In May, Washington had banned Huawei from selling its telecommunications equipment to American companies, alleging that the Chinese giant could use those systems for espionage.
According to former chief economic adviser Gary Cohn, the trade war has created geopolitical uncertainty, which is stopping businesses from investing.
The self-defining nature of the national security exception and its subjective reading suggests that the WTO may not have the requisite jurisdiction to determine the legality of the measures taken by the US against China, say Joyeeta Banerjee and Rajdeep Banerjee
