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J.D. Vance flies into a giant trade storm in India
ON APRIL 21ST America’s vice-president, J.D. Vance landed in Delhi as part of an American campaign to push other countries to isolate China economically in exchange for reductions in President Donald Trump’s “reciprocal” tariffs. Those tariffs, which include a 26% levy on India, are paused for all countries except China until July 8th. So Indian officials are racing to strike trade deals with America, the EU and others. But China is turning up the heat. On the same day that Mr Vance arrived it warned the world against “appeasement”. “China firmly opposes any party reaching a deal at the expense of Chinese interests…and will resolutely take countermeasures”.