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.
Indian stock market opened in the positive territory on Tuesday, though investors remained cautious as the India-US trade deal continues to progress with talks moving ahead.
China has pushed back against US President Donald Trump's decision to impose new tariffs on Chinese goods, calling the move hypocritical and defending its own export restrictions on rare earth materials and related equipment.
Responding to the US move, a spokesperson for China's Ministry of Foreign Affairs said, "Barring Chinese airlines from flying over Russia on flights to and from the US would hinder travel and people-to-people exchanges."
"Most exporters told us they front-loaded their consignments to manage the impact of tariffs. They can bear this situation only till December. If the dispute isn't resolved by then, layoffs will begin in the textile and apparel sector, gems and jewellery, as well as in shrimp exports," Gulat
External Affairs Minister S Jaishankar on Sunday expressed the need to have a trade understanding with the United States (US), adding that not only because it's the world's largest market, but also because much of the world already has such arrangements. But it has to be an understanding
A Taiwanese agricultural trade mission subgroup has signed two letters of intent with Indiana partners to purchase substantial quantities of US soybeans and corn, reinforcing trade ties between Taiwan and the Midwest farming state, according to Focus Taiwan.
Hyderabad (Telangana) [India], September 25: The Indo-American Chamber of Commerce (IACC), Andhra Pradesh & Telangana Chapter, is pleased to announce the appointment of Dr. Sreedevi Devireddy as its Chairman for the Presidential Year 2025-26. Apparently, she is the first Woman Chairman since
South Asia analyst Michael Kugelman has highlighted the importance of trade talks between India and the United States, stating that a potential trade deal could serve as a major confidence-building measure and help stabilise the bilateral relationship while easing tensions.
Speaking to ANI, Tharoor acknowledged the mounting tensions with the US post-tariff imposition, but explained that it had "nothing to do with India" since Trump's focus remains to push for manufacturing in his country, instead of only relying on imports.
Market participants in the Indian stock market will be closely eying a host of key global and domestic developments in the coming week, which could drive short-term sentiment and sectoral movements, according to the market experts.
Congress leader Jairam Ramesh on Sunday mocked Prime Minister Narendra Modi, and said, "His friend in Washington DC has stolen his thunder," after US President Donald Trump once again claimed credit for stopping Operation Sindoor by using increased trade with America as leverage.