According to FT:

    China and India have discussed resuming direct flights, which have been suspended since 2020, as early as this year, as well as easing trade barriers and reopening border trade at three Himalayan crossings.

    India’s foreign ministry spokesperson Randhir Jaiswal said ahead of the visit that New Delhi has “remained engaged with the Chinese side to facilitate the resumption of border trade” through specific trade points.

    China is India’s largest trading partner in goods, with the south Asian country exporting more than $14bn in the 2024-25 financial year and importing a record $113bn of goods.

    According to fool49:

    I don't know why Trump has targeted India with such high tarrifs, while not doing the same to China. Perhaps because USA is dependent on China, like for rare earth. But these high tarrifs are only going to cause India, to grow closer to other trade partners like Russia and China. Same thing that China is doing.

    Reference: Financial Times

    Trump's high tarrifs pushes India to seek better relations with China
    byu/fool49 ineconomy



    Posted by fool49

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