There was no immediate indication whether any progress was made on Saturday during the more than 10-hour meeting between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in Switzerland.
Global economic growth is expected to decelerate in the coming months, with major economies like the US and China likely to see sharp slowdowns however India is expected to remain relatively resilient amid this global trend, according to a report by Kotak Alternate Asset Managers.
Aamir Khan compared the number of theatres in India with the US and China. With the help of estimated data, the actor highlighted the problem of movie screens in the nation.
Amid the ongoing trade tensions between US and China, countries like India and Japan may be able to negotiate better deals with the US, according to a report by Jefferies.
India must engage with both the US and China and it should not draw itself into any binary amid the trade wars between economic giants, Ajay Srivastava, founder of Global Trade Research Initiative (GTRI) said in a note.
As trade tensions between the US and China escalate, the risk of China dumping electronics products in India has increased. Chinese companies are now looking to expand their presence in India by offering discounts to Indian buyers to make up for lost sales in the US.
As the US and China engage in a tariff war, Tanvi Madan, Senior Fellow at the Brookings Institution, said on the sidelines of the Carnegie Global Tech Summit that India is going to be carefully watching these developments. She also spoke about the increasing Indo-US partnership across areas
European Commission President Ursula von der Leyen welcomed US President Donald Trump's decision to pause reciprocal tariffs for over 75 countries, calling it an important move to stabilise global trade amid escalating tensions between the US and China.
Amid the ongoing tariff war between the US and China that had been rattling the global markets, US President Donald Trump on Wednesday (local time) announced an immediate increase in tariffs on China to 125 per cent.
China's State Council Information Office on Wednesday released a white paper titled "China's Position on Some Issues Concerning China-US Economic and Trade Relations." The paper alleged that friction in trade between the US and China has significantly impeded normal economic and trade coo
India is set to become a major driver of global trade growth over the next five years, ranking third in terms of absolute trade expansion, according to the DHL Trade Atlas 2025 report.