India's FY25 trade surplus with US grows, deficit with China widens
Thursday, 17 April 2025 () India's trade dynamics reveal a shifting landscape, with the US emerging as a key partner, marked by increased exports and a growing trade surplus. Conversely, the trade deficit with China has widened significantly due to decreased exports, particularly in ore, and a surge in imports. This reflects changing global trade patterns and India's evolving export destinations.
Chinese President Xi Jinping wraps up his Southeast Asia tour with a strategic visit to Cambodia, aiming to fortify bilateral ties and expand regional trade as tensions with the U.S. intensify. Amid fresh American tariffs targeting Chinese and Cambodian exports, Xi's outreach signals China’s pivot...
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to..
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent..
After a deadly attack in Kashmir that killed 26 people, China has urged India and Pakistan to show restraint and seek peaceful resolution. Chinese Foreign Minister Wang Yi stressed that conflict..