China agreed to major US agricultural imports, Boeing aircraft purchases and rare earth cooperation following high-level talks between Donald Trump and Xi Jinping in Beijing.
The US has expanded its tariff regime, targeting both industrial metals and high-value pharmaceutical imports, signalling tougher trade controls and potential impact on global supply chains.
Fresh US data shows a narrowing trade gap under new policies, but India continues to rank among the largest contributors to America’s goods trade deficit.
The US will begin hearings in May as part of a Section 301 investigation examining trade surpluses, industrial subsidies, and production levels in major exporting economies across Asia, Europe, and North America.
The Indian delegation was led by Special Secretary and Member (Customs), Surjit Bhujabal.
“Interacted with Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, on the sidelines of the G20 Summit in Johannesburg,” Modi said in a post on X, highlighting the engagement.
Union Minister of Information and Broadcasting Ashwini Vaishnaw, briefing the media on the Cabinet’s decisions, said the mission was announced in the Union Budget 2025–26 with the aim of insulating Indian exporters from global trade uncertainties and addressing persistent bottlenecks in the export ecosystem.
The Prime Minister’s participation reflects his deep commitment to an ambitious, future-oriented maritime transformation, aligned with 'Maritime Amrit Kaal Vision 2047', according to the statement issued by the Prime Minister's Office (PMO).
India called for leveraging the Shanghai Cooperation Organisation’s (SCO) collective strengths to drive shared prosperity at the SCO Trade Ministers’ Meeting held in Vladivostok.
Set to become operational in 2026, the Bharat Mart is a multi-dimensional international trade center being developed in Jebel Ali Free Zone (JAFZA), Dubai, spread over approximately 2.7 million square feet.
