Mutual distrust remains deep but progress reflects pragmatic efforts on both sides to gain leverage in shifting global order, experts say.

In a dramatic geopolitical twist, US foreign-held debt has surged to a record USD 9.13 trillion in June 2025, a testament to global reliance on American financial might—yet this milestone masks a brewing storm.

The measures were outlined in a joint document following Doval's discussions with Wang under the Special Representatives' dialogue framework..India China relations, India China border dispute, India China trade,

On India's southern coast, V. Srinivas thrived for two decades by farming shrimp, as the country became the top supplier of the delicacy to the United States. Now, Donald Trump's 50% tariff threat is forcing many to consider other ways of making money.

Oil refiners in China have stepped up purchases of Russia’s flagship crude, seizing an opportunity to take discounted cargoes relinquished by India as Washington ramps up trade tariffs against New Delhi.

US White House Press Secretary Karoline Leavitt on Tuesday (local time) said that US President Donald Trump imposed tariffs on India to deter Russia from pursuing the Ukraine conflict.

India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China.