Us China Trust Deficit

At a session with Chinese and US trade ministers, Union Minister Piyush Goyal on Friday said India did not join China-led RCEP as its trade deficit would have widened and New Delhi's "heart" is with Washington, hinting at a trade surplus with the US.

In 2021-22, the bilateral trade between the US and India stood at $119.42 billion as against $80.51 billion in 2020-21

After opening on a positive note, the rupee traded flat for a better part of the session before slipping into a negative territory. It finally settled at 71.74, registering a loss of 3 paise over its previous close. The domestic currency overlooked a host of encouraging factors including positive new on the US-China trade deal front, the government...

China on Sunday urged the US to take more objective view of its pledge to take measures to bring down the bilateral trade deficit and said that the two countries should enhance strategic mutual trust and avoid "strategic mis-judgement".

Amid the trade war with the US, China has reported a current account deficit of $28.3 billion in the first half of this year, which is the first in 20 years for the world's second largest economy.

A day after he initiated a series of tough actions against "unfair" Chinese trade practices, US President Donald Trump exuded confidence that the steps would end up with China fairly treating America.

America's massive trade deficit with China is estimated to have resulted in about two million job losses in the US, the White House has said, defending President Donald Trump's decision to initiate strong actions against China's "unfair" trade practices.

Claiming that China is responsible for nearly half of the US' entire trade deficit, Republican presidential nominee Donald Trump today vowed to adopt a tough posture against Beijing if voted to power and alleged that the country was breaking rules in every way imaginable.

The US has a "massive" trade deficit with countries like India, China and Mexico, presumptive presidential nominee of Republican Party Donald Trump today said, alleging that practically every country in the world who do business with the US tries to "rip it off".

Chinese President Xi Jinping called Tuesday for better relations with the United States, warning that conflict between the two could have a disastrous outcome.

At a session with Chinese and US trade ministers, Union Minister Piyush Goyal on Friday said India did not join China-led RCEP as its trade deficit would have widened and New Delhi's "heart" is with Washington, hinting at a trade surplus with the US.

In 2021-22, the bilateral trade between the US and India stood at $119.42 billion as against $80.51 billion in 2020-21

After opening on a positive note, the rupee traded flat for a better part of the session before slipping into a negative territory. It finally settled at 71.74, registering a loss of 3 paise over its previous close. The domestic currency overlooked a host of encouraging factors including positive new on the US-China trade deal front, the government...

China on Sunday urged the US to take more objective view of its pledge to take measures to bring down the bilateral trade deficit and said that the two countries should enhance strategic mutual trust and avoid "strategic mis-judgement".

Amid the trade war with the US, China has reported a current account deficit of $28.3 billion in the first half of this year, which is the first in 20 years for the world's second largest economy.

A day after he initiated a series of tough actions against "unfair" Chinese trade practices, US President Donald Trump exuded confidence that the steps would end up with China fairly treating America.

America's massive trade deficit with China is estimated to have resulted in about two million job losses in the US, the White House has said, defending President Donald Trump's decision to initiate strong actions against China's "unfair" trade practices.

Claiming that China is responsible for nearly half of the US' entire trade deficit, Republican presidential nominee Donald Trump today vowed to adopt a tough posture against Beijing if voted to power and alleged that the country was breaking rules in every way imaginable.

The US has a "massive" trade deficit with countries like India, China and Mexico, presumptive presidential nominee of Republican Party Donald Trump today said, alleging that practically every country in the world who do business with the US tries to "rip it off".

Chinese President Xi Jinping called Tuesday for better relations with the United States, warning that conflict between the two could have a disastrous outcome.