Trade Relations - India aims to move past tensions with the US and resume trade negotiations, as indicated by Ajit Doval's meeting with Secretary of State Marco Rubio [1][21] - A trade agreement was announced by Trump, reducing tariffs on Indian goods to 18% and scrapping a 25% duty on Russian oil purchases [6][22] - India is expected to purchase $500 billion of US goods and reduce tariffs on US imports to zero, although these details have not been officially confirmed by the Indian government [6][22] Strategic Partnerships - New Delhi views the US as a long-term strategic partner, essential for capital, technology, and military cooperation to counter China [10][20] - The arrival of US Ambassador Sergio Gor in December marked a renewed effort to stabilize US-India relations, emphasizing the importance of ties between the two nations [12][14] - India is diversifying its trade relationships, having recently secured free trade agreements with the European Union and the UK, indicating a strategic shift amidst US negotiations [16][22] Economic Impact - The US is a crucial market for India, accounting for about 20% of its exports, particularly in mobile phones and electronic goods, which are vital for India's manufacturing goals [18][22] - Significant investment pledges from US companies, including $52 billion from Amazon and Microsoft, and $15 billion from Google for data centers, highlight the growing economic ties [18][22] - Goldman Sachs has established its largest office outside of New York in Bengaluru, underscoring India's increasing importance to the US financial sector [19][22]

US Ambassador to China David Perdue calls out Beijing for what he described as intrusive export licensing requirements https://t.co/3FYvzrcHZi ...

China has resumed purchases of Canadian canola, an early sign of a revival in the trade after the nations reached a deal this month to mend ties https://t.co/HMhIWeAfT0 ...

Core Insights - India's exports to China increased significantly by 67% in December, reaching $2 billion, while exports to the U.S. decreased by 1.8% to $6.8 billion [1] - The U.S. imposed 50% tariffs on India, affecting trade relations and prompting India to seek alternative markets [2] - India's exports to mainland China rose nearly 37% in the first nine months of the fiscal year ending March 2026, with Hong Kong shipments increasing over 25% [2] Trade Relations - China has become India's largest goods trading partner, with trade worth $110.20 billion from April to December 2025, surpassing the U.S. at $105.31 billion [4] - India has a trade surplus with the U.S. of over $26 billion, while the trade deficit with China has reached $81.7 billion during the same period [5] - In fiscal year 2025, India traded goods worth $131.84 billion with the U.S. and $127.71 billion with China, excluding Hong Kong [5] Diplomatic Engagements - India's Foreign Secretary met with a Chinese official to discuss improving bilateral ties, focusing on business and people-centric engagements [3] - Relations between India and China have been improving since a meeting between Prime Minister Modi and President Xi Jinping in September [3]

路透：知情贸易商透露，根据周二以来签署的合同，中国至少采购10船美国大豆，延续了在近期中美贸易关系缓和后出现的购买趋势。所有船货计划于1月从美国墨西哥湾沿岸码头和西北太平洋港口装运。 ...

A deal has “essentially” been reached between the US and Switzerland to lower tariffs from 39% to 15%, US Trade Representative Jamieson Greer said: Here’s your Evening Briefing https://t.co/LaqHQ1Ps2h ...

The Trump administration has suspended a probe into China’s shipbuilding industry, prompting Beijing to reciprocate by shelving its own investigation and putting off special port fees for US vessels https://t.co/iWEv0zJvis ...

Washington will delay discussions with Beijing over the roll-out of higher port fees on Chinese ships visiting the US, a move that was aimed at challenging the Asian nation’s shipbuilding dominance https://t.co/pHtq3yepWA ...

Trade and Investment - A new trade agreement between Japan and the US includes Japan investing $550 billion in the US [2] - The new trade agreement provides Japan with a lower 15% tariff on imports to the US [2] Geopolitical and Security - The US and Japan signed a new agreement to pursue critical minerals together [2] - The US President approved new missiles to be sent to the Japanese self-defense forces, emphasizing the strong alliance between the two powers [4] Diplomacy and Leadership - President Trump engaged in a bilateral meeting and signing ceremony with Japanese Prime Minister [1] - President Trump praised the Japanese Prime Minister for becoming the first female prime minister of Japan [2]

Oil prices edged higher in early Asian trading on Monday, lifted by optimism over a new trade framework between the United States and China that has eased fears of a prolonged trade war between the world’s two largest economies. The partial thaw in tensions gave markets a boost, signaling a potential recovery in global demand sentiment after months of uncertainty. At the time of writing, WTI had risen 0.26% to $61.66 while Brent was trading at $66.12, a 0.27% increase. The move followed news that senior U ...