China's Transport Ministry has initiated an investigation into how the US Section 301 investigation affects the security and development interests of its shipping and shipbuilding sectors, as well as related industrial and supply chains. South Korea, is China's biggest rival in the shipbuild
The Chinese Ministry, in a statement, outlined a phased escalation for the special port fees on eligible US vessels berthing at Chinese ports, which will initially be 400 yuan ($56) per net ton from Tuesday and increase annually on April 17 for the subsequent three years.
US Treasury Secretary Scott Bessent said the US and China had "substantially de-escalated" and that he expected a planned meeting between Trump and Xi at the APEC forum in South Korea in late October to go ahead.
China rejected new US sanctions, saying it will take necessary steps to protect its interests. Foreign Ministry spokesperson Lin Jian urged the US to correct its approach and resolve differences through dialogue, stressing that both sides should maintain ties based on equality, respect, a
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%.
India's apparel export sector is poised to benefit from shifting global trade dynamics, according to a recent industry report by Antique research. With multinational retailers diversifying their sourcing destinations away from China, India has emerged as a key beneficiary due to its large-sc
The latest move by US President Donald Trump to revise the H-1B visa fee to USD 100,000 has expanded protectionist barriers against India, according to a report by Systematix Research.
This meeting marks their first face-to-face interaction since trade tensions escalated after US President Donald Trump imposed tariffs on Indian goods over India's purchase of Russian oil.
"On defence, there is no spillover effect from the trade tension, that you mentioned. I think those trade tensions are also easing now and we have resumed our negotiations with them. Hopefully, it will be successful. Our defence collaboration and talks have continued even during that peri
Leading geopolitical expert David Goldwyn has backed India's firm stance against US President Donald Trump's imposition of steep tariffs, asserting that New Delhi is "right to continue to exercise its sovereignty."
USISPF President Mukesh Aghi told ANI that secondary US tariffs on India are "uncalled for" and risk damaging decades of ties. He said India has reacted maturely to President Trump's posts, and despite trade tensions, US CEOs remain confident in India's growth and continue their investments.
Following Washington's 50 per cent tariffs on Indian goods coming into effect earlier on Wednesday, US National Economic Council Director Kevin Hassett noted India's "intransigence" to open its markets to American products while describing the current India-US relationship as a "complicat