Marco Rubio defends global tariff reset, calls it ‘long overdue’

China's foreign minister Wang Yi on Monday called on the new administration under President Joe Biden to reopen dialogue between the two countries but also warned the US not to meddle in China's internal affairs.

'Remove sanctions': We have no intention to challenge or replace the US, says China

US President Donald Trump has remained consistent in his demand to get India to rationalise tariffs on US imports. Also Read: 5G wireless network should not be conduit of suppression, says Trump While closing his maiden visit to India, Trump said that India was dealing unfairly with the US over tariffs.

Harley-Davidson has to pay tremendous tariffs in India, says Trump

US President Donald Trump today said India's imposition of retaliatory tariffs was "unacceptable" and must be withdrawn. In a tweet this morning, he said he was looking forward to discussing the matter with Prime Minister Narendra Modi. The two leaders have a bilateral summit scheduled tomorrow on the sidelines of the G20 summit in Japan's Osaka.

'Tariffs must be withdrawn': Trump's message to PM Modi before G20 meeting

India has delayed the implementation of higher tariffs on some goods imported from the United States to June 16, according to a government statement. The new duties were to come into force from May 16.

India postpones levying retaliatory tariff on US goods

China said on Tuesday it was impossible to hold trade talks with the United States while Washington is imposing tariffs that are like "holding a knife to someone's throat".

Trade negotiations can't proceed by holding knife to someone's throat: China

US government is considering to use an emergency act to impose new restrictions on Chinese investments and curb its acquisitions of sensitive technologies

Fully prepared for new US trade restrictions: China

Trump has often lashed out at China for following "unfair trade practices" focussing on "trade imbalances" with the Communist state.

US, China in 'phony war' over trade: International Monetary Fund

March import growth beat expectations, however, suggesting its domestic demand may still be solid enough to cushion the blow from any trade shocks.

China's first-quarter trade surplus with US surge

The Chinese Finance Ministry said the US violated WTO regulations while adding that "China advocates and supports a multilateral trade system."

Ready to retaliate against US tariff plan: China

The 30-share Sensex opened higher at 33,206.99 and advanced to hit a high of 33,281.77 in early trade.

Sensex falls 130 points at close on profit booking, trade war fears

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