The United States has announced an additional 100% tariff on Chinese goods, effective November 1, 2025, which will raise the overall tariff rate on Chinese imports to approximately 130%.
US stock markets witnessed heavy selling on Friday after President Donald Trump announced fresh trade measures against China, including a 100 per cent tariff on Chinese goods and export controls on critical software.
United States President Donald Trump will deliver a key address at the 80th session of the United Nations General Assembly (UNGA) on Tuesday, where he is expected to outline what the White House described as "historic accomplishments" within the first eight months of his second term, incl
A high-powered committee led by Pakistan's Energy Minister failed to reach consensus on PoGB traders' demands for tax-free status and release of stuck consignments. Protests at Sost have entered 50 days, blocking the Karakoram Highway and halting trade with China, Dawn reported.
During a media interaction following his four-day visit to China, the Russian President dismissed the relevance of the Ukraine situation to recent trade actions, noting that the narrative was being deliberately exploited to justify trade restrictions and tariffs that, in reality, serve un
The recent agreement between India and China to develop a trade route along the Lipulekh pass has heated up Nepal's House of Representatives, which has brought the opposition and ruling parties together.
MEA spokesperson Randhir Jaiswal asserted that India has been trading with China through the Lipulekh pass since 1954 and said India remains open to "constructive interaction" with Nepal through dialogue and diplomacy to resolve the "boundary issues."
On Tuesday, India and China agreed to reopen border trade through the three designated passes, Lipulekh (Uttarakhand), Shipki La Pass (Himachal Pradesh) and Nathu La in Sikkim. Both countries also resumed direct flight connectivity.
"I would recommend that India take a look once again at RCEP. RCEP is the 15 economies, including China, Japan, Korea, ASEAN, Australia, and New Zealand. It should be 16. India should be part of that. And that would be a very dynamic way to grow for years to come," Sachs said.
The Ministry of External Affairs (MEA) on Thursday said that both countries are working to facilitate the resumption of trade through designated points, specifically: Lipulekh Pass in Uttarakhand, Shipki La Pass in Himachal Pradesh and Nathu La Pass in Sikkim.