The intensifying trade and geopolitical rivalry between the United States and China could have far-reaching consequences for countries beyond the two superpowers, including India, according to a new article by World Bank economist Aaditya Mattoo, IMF official Michele Ruta and WTO chief economist Robert W. Staiger.The authors argue that while cooperation between strategic rivals remains possible, growing geopolitical competition is changing the nature of global trade and could impose costs on third countries caught in the crossfire.Advertisement The paper, published in the June edition of IMF's Finance & Development magazine, notes that countries are increasingly using trade policies to pursue...