2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Japan
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India
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Iran
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UAE
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Detailed explanation-1: -Malaysia. A well-developed infrastructure and productive workforce characterize Malaysia as a sourcing and supply alternative to China.
Detailed explanation-2: -In January 2018, U.S. President Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft.
Detailed explanation-3: -In the US-China trade war, other countries getting benefitted are Argentina, South Korea, Singapore, Brazil, and Canada. France is the biggest beneficiary country in Europe.
Detailed explanation-4: -Chip makers and electronics manufacturers that depend on China for sales, like NVIDIA Corp. (NVDA), Micron Technology (MU) and Intel Corp. (INTC), are seen as especially vulnerable in a trade war scenario.
Detailed explanation-5: -China retaliated and imposed tariffs on imports from the US. At the same time, it also lowered tariffs on imports from the rest of the world. The tariff increases were a major departure from long-run trends towards tariff liberalization across the globe.