Weaponised dependency: Chinese mercantilism is more damaging to global trade than Trump tariffs

The recent US-China summit saw improved engagement but little progress on global economic challenges. China's trade practices continue to impact global markets. The US seeks a weaker dollar to address its economic imbalances. Both nations are weaponizing trade dependencies, leading to tech sector balkanization. India must focus on reforms to enhance its global competitiveness amidst these geopolitical shifts.