Top negotiators from the United States and China met in Stockholm on Monday to restart trade talks aimed at resolving long-standing economic disputes. The meeting comes days before an August 12 deadline to reach a deal and avoid a sharp increase in tariffs that could further disrupt global trade. US Treasury Secretary Scott Bessent and…
This is an AI-generated image, used for representational purposes only. A number of applicants under India’s Electronics Component Manufacturing Scheme (ECMS) have flagged concerns over meeting their first-year production targets due to ongoing shortages of rare earth minerals. According to ET, at least 10 companies have raised the issue with the ministry of electronics and…
With China announcing a $3.4 billion loan rollover for Pakistan and an increased engagement between Washington DC and Islamabad, experts believe that Pakistan could emerge as a surprising centre of attention-garnering renewed interest not just from China, its long-standing ally, but also from an increasingly transactional Trump-led United States. To unpack these evolving dynamics, we…
The incentives in India’s proposed programme will be distributed through a reverse bidding mechanism. (AI image) India is readying a plan to reduce its acute dependence on China for rare earth minerals. The move comes at a time when China has imposed export curbs on rare earths and Indian industry has raised alarm bells on…
Top US and Chinese officials met in London on Monday in fresh efforts to stabilise the fragile pause in their trade fight, which has shaken global markets. The Chinese delegation, led by vice premier He Lifeng and commerce minister Wang Wentao, met with US commerce secretary Howard Lutnick, treasury secretary Scott Bessent and trade representative…