Trump and Xi agreed to a short truce. Tariffs are on hold, but deep trade tensions remain unresolved
Beijing halved its tariffs without major concessions, while Washington settled for symbolic gains
China’s easing of rare earth curbs helps India and others, but dependence on its supply chains persists
India faces a steep 50% US tariff—the highest among major partners—as Washington favours Beijing
The US extended India’s Chabahar waiver and signed a 10-year defence pact, hinting at lasting cooperation
India must revive trade talks with the US now. A balanced deal could secure its long-term economic interests