The Ministry of Commerce of China on Sunday announced that it will temporarily suspend part of its export control measures on certain dual-use items to the United States, including key materials such as gallium, germanium, antimony, and superhard materials, Xinhua reported.
India's domestic demand environment remains favourable, supported by GST rationalisation and strong infrastructure spending, even as global trade uncertainties pose challenges, according to a report by ICICI Securities.
US and China officials met in Kuala Lumpur to prevent trade war escalation ahead of Trump-Xi talks. Discussions focus on tariffs, technology controls, and US soybean purchases. Recent US export blacklists and China's rare earth controls have strained a truce, with outcomes uncertain for b
Indian exports to the United States have plunged sharply by 37.5 per cent following Washington's decision to impose 50 percent tariffs on most Indian goods, according to a report by the Global Trade Research Initiative (GTRI).
On an official three-day visit to Russia this week, Minister of State for Textiles and External Affairs, Pabitra Margherita, underlined India's intent to deepen engagement with the Russian textile industry across trade, technology, and manpower, among others.
India's exports to the United States are showing signs of further decline as September marks the first full month under 50 per cent tariffs on key products, according to a report by GTRI.
Maurice Obstfeld, a renowned economist and professor emeritus at the University of California, Berkeley, has expressed concerns over 'uncertainties surrounding' the South Korea-US trade agreement, announced in July 2025, under which South Korean goods will be subject to a 15 per cent tariff,
Union Minister Ashwini Vaishnaw on Sunday said that India has become the top supplier of smartphones to the United States, with electronics manufacturing reaching 12 lakh crore rupees.
Indian textile exporters says that exports loss because of U.S the imposition of 25 per cent tariffs by U.S. President Donald Trump will be compensated by gains in exports due to free trade agreements (FTAs) which India's has signed with other nations.
"China will approve the export application of controlled items that meet the conditions in accordance with the law. The United States will cancel a series of restrictive measures taken against China accordingly," China's Ministry of Commerce said in a statement.
Given that India has much higher tariffs than those imposed by the US, the impending bilateral trade agreement -- that would reduce tariffs-- is set to increase the US's exports to India more than vice versa, according to an analysis by Crisil.
China's recent restrictions on rare earth resources are being seen as a response to US export controls on advanced semiconductor technology, according to a report by Jefferies.