'Nothing is decided': EAM Jaishankar refutes Donald Trump's 'zero tariffs' claim on India-US trade deal
Thursday, 15 May 2025 External affairs minister S Jaishankar has refuted Donald Trump's claims regarding an India-US trade deal, clarifying that negotiations are ongoing and no final decisions have been made. Trump had stated that India proposed a near-zero tariff agreement, but Jaishankar emphasized that any deal must be mutually beneficial for both nations.
Donald Trump has claimed that India is ready to eliminate 100% tariffs on US goods, calling it a major breakthrough. However, India’s external affairs minister S. Jaishankar countered, saying trade negotiations are ongoing and far from final. Trump says he’s in no rush for a deal, even as he...
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In a significant diplomatic development, India's External Affairs Minister S. Jaishankar met with Chinese President Xi Jinping in Beijing on July 15th, on the sidelines of the Shanghai Cooperation Organisation (SCO) summit. This high-stakes meeting marked Jaishankar's first visit to China since the deadly 2020 Galwan Valley border clash, signalling a cautious step toward the normalization of ties between the two Asian giants. During his visit, Jaishankar also held talks with Chinese Vice President Han Zheng and Foreign Minister Wang Yi, advocating for a "far-seeing" and strategic approach to the bilateral relationship.
The core of the discussions revolved around the protracted border standoff in Eastern Ladakh. Jaishankar firmly reiterated India's position, stressing that complete troop disengagement in the remaining friction points of Depsang and Demchok is a prerequisite for restoring normalcy and rebuilding trust. He emphasized that peace and tranquility along the Line of Actual Control (LAC) are fundamental to the overall development of India-China relations.
A key highlight of the meeting was Jaishankar's subtle but sharp criticism of China's recent export curbs on rare earth minerals, a move that directly threatens India's critical manufacturing and high-tech sectors. With China controlling over 90% of the global rare earth output, Beijing wields significant economic leverage, a point not lost on the Indian delegation.
Despite the diplomatic optics of cooperation within the SCO framework, deep-seated strategic mistrust remains a major obstacle. The talks were overshadowed by recent revelations from Lt Gen Rahul Singh that China had provided live intelligence, weapons, and drones to Pakistan during a previous conflict. This underscores the challenge India faces, dealing with China's "sweet diplomacy" on one hand and its "cunning moves" on the other, proving that a real thaw in relations will require more than just high-level meetings.
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External Affairs Minister S Jaishankar arrives in Beijing for critical talks with Chinese counterpart Wang Yi—the first visit since the 2020 Ladakh military clash that brought ties to their lowest in six decades. The agenda: defusing tensions, troop withdrawal along the Line of Actual Control, and rebuilding trade and cultural links.
Afterwards, Jaishankar heads to Tianjin for the SCO foreign ministers meeting (July 14–15), where a joint communique is uncertain after India blocked defence ministers’ support over Pakistan's Pahalgam reference. Ahead of Beijing, he also met Singapore’s leaders to boost investment, semiconductors, infrastructure, and Indo‑Pacific cooperation. This mission aims to reset Indo‑China relations, counter global uncertainty, and reaffirm India’s strategic weight in multilateral diplomacy.
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