Prime Minister Narendra Modi met Chinese President Xi Jinping in Tianjin on Sunday, August 31, ahead of the Shanghai Cooperation Organisation (SCO) Summit. This marked Modi’s first visit to China in seven years and his first bilateral engagement with Xi since 2018, making it a significant moment in India-China relations after a prolonged phase of...
Washington: A new wave of U.S. tariffs on Indian goods took effect on Wednesday at 9:30 AM IST, doubling the total import duty to 50 percent across a broad range of products. The tariff hike, enforced by the U.S. Department of Homeland Security, is expected to significantly impact Indian exporters, particularly those operating in labor-intensive...
China has firmly defended its trade and energy cooperation with Russia following threats by former US President Donald Trump to impose secondary tariffs on Beijing for purchasing Russian oil. During a regular press briefing on Friday, Chinese Foreign Ministry Spokesperson Guo Jiakun said that China’s economic, trade, and energy cooperation with countries around the world,...
In a decisive escalation of trade tensions, U.S. President Donald Trump has ruled out any further negotiations with India until the ongoing dispute over tariffs is resolved. His remarks came shortly after the White House issued an Executive Order doubling tariffs on Indian imports, bringing the total levy to 50%. When asked by ANI at...
India has strongly condemned the United States’ decision to impose an additional 25% tariff on Indian imports, raising the overall levy to 50%, in retaliation for India’s continued purchase of Russian oil. The Indian Ministry of External Affairs (MEA) issued a sharp statement on Wednesday, calling the move “unfair, unjustified, and unreasonable,” while vowing to...