The recent WTO Panel Report has stated that USA has broken its rule while imposing tariff under Section 301 of Trade Act 1974 in USA- China Trade War. USA has the option to file an appeal in the defunct WTO DSB Appellate Body to fight out this current ruling. Such a move would tactically maintain the status quo but it will bring the question of challenging sovereign power of US senate in this election year in the background of current geopolitical tensions. Similar situation was the major reason for BREXIT. If USA does not appeal in WTO DSB and parallelly fails to implement panel decision, it will amount to the violation of Trade body’s decision. This could be equated with China’s behaviour in implementing the judgement of International Court of Justice (ICJ) in the South China Sea issue. Considering the fact that USA has been expressing displeasure on several international organizations, the current scenario will further deteriorate its relation with WTO. Most of the countrie
Geopolitics: Chola’s Blue Highway – The Forgotten Competitor to Silk Route Bay of Bengal was a like lake in the backyard for Chola. Indian Ocean was under their hegemony. A trade war for Transhipment Harbour and Preferential Trade of Tamil. Now history repeats in different way – US China Trade War. Covid19 is beginning of new world order. The Asia Maritime Trade and Geopolitics in 11 th Century was simultaneous rise of powerful corporate empires in several parts of Asia: the Chola empire of South India, the Srivijaya empire of Sumatra, the Khmer empire of Cambodia, the empire of Champa in Vietnam and China under the Song dynasty. These empires had preferential trade agreements, stationed diplomatic missions and exchange of trade delegations. The deep-rooted commercial interests drove the political and cultural relations between these empires. Pattinapalai (ancient poem) talks of Puhar having a big colony of foreign merchants and mentions of items of trade. The Ma