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US government initially imposed tariffs on all the imports of Steel and Aluminium and then targeted the imports coming from China and imposed 25% tariffs on goods worth $34 bn. in retaliation the Chinese government also imposed tariffs on US Exports entering into china. There is a fear that this would not only lead to a full blown trade war between only China and US, it will be leading to a full blown global trade war. the video discusses the issues related to trade wars and the likely impact of that on parties included as well as on India