US CHINA TRADE TALKS
China's exports to Africa are soaring as trade to U.S. plunges
China's trade surplus with Africa is surging in 2025, fueled by increased exports of Chinese goods like solar panels and electric vehicles, reaching $60 billion. This shift is partly due to U.S. tariffs impacting trade flows and China's focus on expanding markets. While benefiting from affordable Chinese products, African leaders worry about the potential impact on developing their own industries.
Fair economic practices imperative as world seeks stable trade: EAM Jaishankar to BRICS amid Trump tariff turmoil
Amidst global economic uncertainties and trade volatility exacerbated by Trump's tariff policies, External Affairs Minister Jaishankar conveyed Prime Minister Modi's message at the BRICS virtual summit. He emphasized the collective desire for a stable and predictable environment for trade and investment. Jaishankar highlighted concerns over the failing multilateral system in addressing global challenges like conflicts and climate events.
Trump watched the Chinese parade last week organized by Xi Jinping, and was stunned
Trump is planning a trip to South Korea for the APEC summit. He may meet Xi Jinping and could also have talks with Kim Jong Un. His visit comes after China’s big military parade that Trump watched closely. The trip is linked to trade talks, economic ties, and building stronger international relations.
School Assembly News Headlines for 9th September: Top national, international, business ans sports update
NIA investigates a terror conspiracy across multiple states. India and EU progress on trade agreement talks. Gujarat braces for heavy rainfall. Protests in Nepal turn deadly. Xi Jinping attends BRICS summit as Modi sends a representative. Carlos Alcaraz wins US Open. India secures Hockey Asia Cup. EchoStar sells licenses to SpaceX. China's EV sales growth slows down.
China's August exports growth slowest in 6 months, missing forecasts
China's export growth faced a slowdown in August. It missed the expected targets. This was the slowest pace since February. Imports also remained below forecast. Weakened shipments to the United States impacted the growth. Experts suggest further fiscal stimulus in the fourth quarter. The trade surplus was recorded at $102.3 billion. Analysts are closely monitoring potential additional fiscal support.
US probes malware email targeting trade talks with China: Report
The malware in the email that appeared to be sent by Representative John Moolenaar in July to U.S. trade groups, law firms and government agencies was traced by cyber analysts to a hacker group - APT41 - believed to be working for Chinese intelligence, the newspaper said.
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US probes malware email targeting trade talks with China, WSJ reports
U.S. authorities are investigating a bogus email, disguised as being from Representative John Moolenaar, that contained malware. Cyber analysts traced the malware to APT41, a hacker group believed to be working for Chinese intelligence. The email targeted U.S. trade groups, law firms, and government agencies, potentially seeking insights into U.S.-China trade talks, prompting an FBI investigation.
Trump may hold bilateral talks with China’s Xi Jinping in South Korea amid tariff battle: Report
President Trump and his advisors are reportedly planning a trip to South Korea in October for the APEC trade ministers' meeting. This summit presents a crucial opportunity for Trump to potentially meet with Chinese President Xi Jinping to discuss trade, defense, and civil nuclear cooperation. The administration also aims to secure further economic investments in the U.S. during the trip.
"There is some hope of reconciliation with US, but uncertain": Former diplomat T.P. Sreenivasan
Amid evolving India-US relations, Donald Trump has expressed a mix of reaffirmed friendship with Narendra Modi and displeasure over unspecified contemporary actions. While calling the relationship "very special," Trump voiced concerns about India's oil purchases from Russia, noting a previous tariff imposition.
Trump offers peace pipe. Modi responds. What next?
After a period of heightened tensions marked by sharp rhetoric, a sudden shift in tone has occurred between US President Donald Trump and India's Prime Minister Narendra Modi. Despite earlier criticisms and concerns over India's foreign policy, both leaders are now expressing warmth and optimism about the bilateral relationship.
Trump makes U-turn on India, calls PM Modi ‘a great friend’ a day after ‘lost to darkest China’ swipe
Amidst tensions over tariffs and Russian oil purchases, US President Donald Trump stated that the India-US relationship remains "special," despite earlier suggesting India and Russia were lost to China. Trump expressed disappointment over India's energy ties with Moscow, citing a 50% tariff imposed on India.
India will be at negotiating table 'in a month or two': US Commerce Secretary Howard Lutnick
US Commerce Secretary Howard Lutnick suggests India will eventually seek a deal with Donald Trump, despite current tensions over Russian oil purchases. Lutnick criticized India's increased reliance on discounted Russian oil and its role in BRICS, urging New Delhi to align with the US. He believes economic realities will compel India to prioritize its relationship with the American consumer.
When the Dragon meets the Elephant: Building a win-win framework for both India and China
Following a five-year hiatus, Prime Minister Modi and President Xi Jinping met to recalibrate relations, emphasising stronger people-to-people ties and expanded trade. Addressing India's trade deficit is crucial, with potential for Chinese investment in Indian manufacturing. Collaboration in public health, tourism, education and infrastructure offers mutual benefits, requiring a clear road map for sustainable partnership.
No reduction in overall cargo shipments from India: Sonowal
Despite a 50% US tariff on Indian goods, Union Minister Sarbananda Sonowal asserts that overall cargo shipments from India remain unaffected. Exports to the US increased by 21.64% during April-July. VOC Port is pioneering green initiatives, including a green hydrogen project and a green methanol bunkering facility, contributing to India's economic goals.
You can't talk to India, China like that: Putin to US
Vladimir Putin has warned the United States against employing tariffs and sanctions as a means of exerting pressure on India and China, emphasizing that such tactics are remnants of a bygone colonial era. Putin highlighted the significant populations and robust economies of both nations, suggesting that the U.S. should reconsider its approach to international relations with these major powers.
Jaishankar pushes for swift India-EU FTA
India seeks a swift conclusion to free trade agreement talks with the European Union. External Affairs Minister S Jaishankar discussed this with his German counterpart Johann Wadephul. Germany pledged its support for the India-EU FTA. Discussions also covered boosting ties in economy, climate, defence and technology.
"Hypocrisy, pure bullying": Top economist slams Trump's tariff on India
Gautam Chikermane criticizes Donald Trump's 50% tariffs on India for buying Russian oil, labeling it hypocritical and bullying. He highlights the illogical nature of the tariffs compared to those imposed on China and the EU, who purchase more Russian energy without penalty. Industry experts warn of trade losses in key sectors due to the tariffs.
How Xi Jinping just redrew world's geopolitical map
While US Treasury Secretary Scott Bessent dismissed the SCO summit, telling Fox News it was “largely performative,” to other observers Xi has pulled off a meaningful shift in the balance of diplomatic power.
Hope to finalise US trade pact by November, says Piyush Goyal
Piyush Goyal anticipates concluding a trade agreement with the US by November. Trade talks with the European Union are progressing well. Relations with China are improving as border tensions decrease. India has already finalized trade agreements with Mauritius, Australia, EFTA, the UK, and the UAE. India aims to be self-reliant by ensuring resilient supply chains.
India-US discussing bilateral trade agreement, Piyush Goyal says
India and the US are engaged in discussions regarding a bilateral trade agreement, despite recent tariff hikes imposed by Washington in response to New Delhi's continued purchases of Russian oil. While India hopes to resume negotiations and address the tariff issues, the US has requested tariff cuts on various agricultural products, which India opposes due to concerns about its farmers.
Trump set bad cops on India. Are good cops out now?
The Trump administration seems to be softening its tone towards India. Initially, there were criticisms regarding trade and relations with Russia. Now, officials are emphasising the importance of the US-India partnership. This shift may be a strategic move. It aims to balance pressure with cooperation. The US possibly recognizes India's significance in countering China.
US Embassy calls India-US partnership as 'defining relationship of 21st century' amid PM Modi’s Xi-Putin meet
The US Embassy in India shared an optimistic post on Monday on the enduring friendship between Washington and New Delhi and called it a defining relationship of the 21st century.
Border, trade, and terrorism: What Modi, Xi discussed in Tianjin
In Tianjin, India and China pledged to resolve their border dispute fairly and expand trade ties to stabilize global commerce. Prime Minister Modi emphasized border peace for bilateral progress, advocating for relations built on mutual trust and sensitivity. Both leaders recognized their economies' role in stabilizing world trade and addressing challenges like terrorism.
SCO summit signals strategic shift amid US tariff uncertainty
The SCO summit marked a turning point in India-China ties, with both nations pledging to boost trade, ease travel, and deepen cooperation amid US tariff tensions. Modi’s grand reception, China’s trade overtures, and shifting supply chains highlight a pragmatic push toward multipolarity, positioning India and China as crucial global partners.
China manufacturing shrinks in August despite new US trade truce
China's factory output saw a slight increase in August. However, it marked the fifth consecutive month of decline. Trade discussions with the United States are ongoing before the November tariff deadline. The Purchasing Managers' Index showed a slight rise from July. China faces challenges including a property sector debt crisis and low consumption.
Agri, dairy concessions to US disruptive; IP, digital issues may fly under radar: NGOs, trade unions, others
Farmers' associations and other groups are cautioning against trade concessions to the United States. They believe these concessions could harm Indian farmers and agro-biodiversity. Concerns include potential changes to intellectual property laws. These changes might impact the generic medicine industry. The groups urge government consultation with stakeholders. They want input on ongoing Free Trade Agreement negotiations.
India holds informal US talks, ruling out retaliation for now
India and the US are keeping communication open. New Delhi is not planning to retaliate against President Trump's tariffs. Talks on a trade deal are postponed. Both countries continue to communicate on defense and foreign policy. India will keep working with Washington toward a trade deal. A US trade team deferred its visit. India decried the tariffs as unfair.
India may seek EU for concessions on lines of its deal with US
India will push to bridge gaps in trade talks with the EU next month, seeking carbon tax concessions similar to the US deal. With a year-end deadline, India aims to expand market access after pacts with the UK and EFTA. The government plans export diversification to 50 countries, new promotion measures, and targeted outreach, including textiles in 40 markets.
"We're going to get along," says Trump, allowing 600,000 Chinese students in US amid ongoing trade talks with Beijing
President Trump announced the continuation of allowing 600,000 Chinese students to study in the U.S., emphasizing the importance of maintaining ties with China amidst ongoing trade negotiations. He also signed an executive order extending the suspension of additional tariffs on Chinese goods until November 10, 2025, citing progress in addressing trade imbalances and national security concerns.
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