China’s trade envoy meets US officials to discuss economic ties

China’s trade representative Li Chenggang visited the United States from August 27-29 to discuss economic and trade relations. Both sides sought ways to strengthen bilateral cooperation, according to the Chinese commerce ministry’s statement on Saturday.

China’s trade envoy meets US officials to discuss economic ties

US tariffs on Indian goods double to 50% over Russian oil purchases

The United States has doubled tariffs on many Indian goods to 50 percent, an increase tied to India’s purchase of Russian oil. This shift comes as President Donald Trump seeks to penalize New Delhi over its economic ties with Moscow.

US tariffs on Indian goods double to 50% over Russian oil purchases