In a major signal of de-escalation, U.S. President Donald Trump announced that the steep 145% tariffs currently imposed on Chinese imports would soon be “substantially reduced.” The move is being seen as a significant pivot in the trajectory of the long-running U.S.-China trade war, raising

India and the European Union have agreed to conclude a comprehensive free trade agreement by the end of this year, aiming to enhance bilateral cooperation in trade, technology, and defense.