China removes levy on some US farm goods, lifts export curbs

China removes levy on some US farm goods, lifts export curbs

China announced it will remove retaliatory tariffs on some US farm products and lift export controls on an array of American firms, after Washington halved its fentanyl-related levies on Chinese goods. The country’s finance ministry confirmed in a Wednesday notice it would end tariffs imposed March 4 on soybeans and other US agricultural products including … Read more

India’s been ‘very good’ on that front: Trump repeats claim on Delhi reducing energy purchases from Moscow

India’s been ‘very good’ on that front: Trump repeats claim on Delhi reducing energy purchases from Moscow

US President Donald Trump speaks to the media aboard Air Force One as he returns to the United States on October 30, 2025. | Photo Credit: AFP U.S. President Donald Trump on Thursday (October 30, 2025) said India has been “very good” on the issue of reducing oil imports from Russia, reiterating his claim that … Read more

U.S., China say trade deal is drawing closer as Trump and Xi ready for high-stakes meeting

U.S., China say trade deal is drawing closer as Trump and Xi ready for high-stakes meeting

 A trade deal between the United States and China is drawing closer, officials from the world’s two largest economies said on Sunday, October 26, 2025. | Photo Credit: Reuters A trade deal between the United States and China is drawing closer, officials from the world’s two largest economies said on Sunday (October 26, 2025) as … Read more

US dollar makes modest weekly gain after soft inflation data

US dollar makes modest weekly gain after soft inflation data

The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed U.S. consumer prices increased less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. The Consumer Price Index rose 0.3% last month and 3.0% in the 12 months through September. Economists … Read more

China should grasp strategic initiative amid rising uncertainties, Xi says

China should grasp strategic initiative amid rising uncertainties, Xi says

China faces a confluence of strategic opportunities and challenges amid rising uncertainties and should “firmly grasp the strategic initiative,” President Xi Jinping said during a meeting on Beijing’s new five-year plan, state media reported on Friday. China should strive for breakthroughs in key technologies, Xi added, according to the official Xinhua news agency. The meeting … Read more