China and EU vowed to jointly uphold the multilateral trading system with WTO at its core. Wang also via video call with Malaysia on enhancing China-Malaysia and China-ASEAN eco and trade cooperation and jointly responding to US tariffs.
Amid the turmoil in the global markets following the tariff announcements made by the US, President Donald Trump has ruled out the possibility of a "pause" on the tariffs on countries during negotiation.
US President Donald Trump defended his administration's implementation of reciprocal tariffs on various countries, emphasising the financial deficits the US faces with nations like China and the European Union and argued that tariffs are the only solution to these trade imbalances.
The ongoing human rights violations in Tibet have drawn significant international condemnation, with 28 European countries raising serious concerns during the 58th session of the UN Human Rights Council in Geneva, as reported by Tibet.net.
The Indian renewable energy (RE) sector may soon face regulatory pressures taking cues from Europe and China to combat emerging challenges such as grid disturbances, subsidy-driven incentives, and negative energy prices, according to a report by JM Financial.
Dhruva Jaishankar said on Monday that priorities for US President Donald Trump have been Canada, China, Mexico, European Union to some extent and noted that India has been a little exempt.
Trump said that the reciprocal tax will kick in on April 2. He said that the US has been ripped off for decades by nearly every country on earth and vowed not to "let that happen any longer."
European Union Chief Ursula von der Leyen on Tuesday emphasised the need to reassess the EU's relationship with China, warning of growing imbalances and risks in their economic ties.
Global financial services firm UBS in a report dated January 2 answered key questions that matter for the AI rally in the New Year, while continuing to maintain its bullish stance on the AI theme.
He also pointed out that in addition to the oil import, India has also increased its imports of fertilizers, cooking coal and other natural resources from Russia.
External Affairs Minister S Jaishankar recently shared his views on a range of global issues in an interview with the Italian newspaper Corriere della Sera, highlighting India-Italy ties, China and EU and other developments in the world.