US, China speak on key issues in trade dispute

Washington and Beijing are making ‘headway’ on key issues in their ongoing trade dispute and discussions will continue, the US Trade Representative’s office said following a phone call between senior officials. President Donald Trump heralded a major win in his offensive against China two weeks ago, saying the economic powers were close to concluding a “substantial phase one deal.” Continue Reading

China demands to lift tech curbs

China demanded Washington lift sanctions on Chinese tech companies and warned Wednesday it will ‘resolutely safeguard’ the country’s interests. The Ministry of Commerce criticised curbs imposed on sales of US technology to a group of Chinese companies as interference in the country’s affairs. Continue Reading

Japan-US sign trade agreements

The US and Japan have signed trade agreements on agriculture and digital exports, which American President Donald Trump termed a “tremendous victory” and said will help create jobs, expand investment, promote fairness and reduce trade deficit between the two countries. Continue Reading

US corporate sector hails India’s move to slash income tax rate for firms

The US’ corporate sector has lauded the Indian government for substantially slashing the income tax rate to 25.17 per cent, saying the move will reverse the economic slowdown and allow global companies a “good option” for growing their manufacturing base in the country.
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Indo-Pak tensions less heated now: Donald Trump

Tensions between India and Pakistan over Kashmir is ‘less heated’ now than what was two weeks ago, US President Donald Trump has said, reiterating his offer to help the two South-Asian neighbours ease the situation, only if both of them want. Continue Reading