That nobody wins a trade war in a globalised world is an axiom that U.S. President Donald Trump chose to ignore when he fired the first shot by imposing tariffs on Chinese imports into the U.S. It has now escalated as more countries including India have been drawn into the battle. Mr. Trump’s payback to those who bankrolled his campaign has been to install hawks in his administration. The hardliners in turn take orders from special interest groups who want to straighten their financial and industrial empires. There is no reason why the world should pay the price for the shady abnormalities and manipulations of the American political system. The major powers must intervene to stop the ugly trade war which is a lose-lose proposition for all countries.
V.N. Mukundarajan,
Thiruvananthapuram
The global trade war is fast becoming a threat to the world’s largest economies. It can only result in a loss of production and slower economic growth. Countries should not spoil their ties for the sake of special interest groups. How they will deal with this crisis is hard to imagine.
Jobson Antony,
Pavaratty, Thrissur, Kerala
