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Trump, Xi spoke as trade and tech disputes strain ties

Financial Express Pune

|

June 06, 2025

US PRESIDENT DONALD Trump and Chinese President Xi Jinping spoke on Thursday, according to China's foreign ministry, as trade tensions roil relations between the world's two largest economies.

- CATHERINE LUCEY

Relations between the two rivals have soured in recent weeks, with both sides accusing the other of violating a trade truce that brought down tariffs from massive highs.

With the fresh conflict threatening the fragile détente, market analysts were hopeful the conversation would pave the way to a trade off-ramp. Stocks rose on news of the call, with the S&P 500 extending gains into a fourth straight day.

WEITERE GESCHICHTEN VON Financial Express Pune

Financial Express Pune

Legal experts back Sebi bid to regulate unlisted market

Experts believe focus must be on clarifying and broadening Sebi jurisdiction via legislative amendments

time to read

2 mins

January 20, 2026

Financial Express Pune

EU FTA may aid labour-intensive exports

WHILE THE FREE trade agreement with EU is expected to open up duty-free access to a large number of products, it is essential to address carbon taxes and other regulatory issues during the negotiations so that these do not blunt the benefits of lower tariffs, according to a report.

time to read

1 min

January 20, 2026

Financial Express Pune

Japan PM calls snap election on Feb 8

JAPAN'S PRIME MINISTER Sanae Takaichi will call a national election on February 8 to seek voter backing for increased spending, tax cuts and a new security strategy that is expected to accelerate a defence buildup.

time to read

1 min

January 20, 2026

Financial Express Pune

PNB net profit rises 13% to ₹5,100 cr

PUNJAB NATIONAL BANK (PNB) reported a 13% year-on-year (yo-y) increase in net profit to 5,100 crore for the quarter ended December, even as provisions rose, supported by improving asset quality and steady business growth.

time to read

1 min

January 20, 2026

Financial Express Pune

China's birth rate hits 75-year low

EXPERTS WARN DEMOGRAPHIC FALL MAY WEIGH ON FUTURE ECONOMIC PROSPECTS

time to read

2 mins

January 20, 2026

Financial Express Pune

SIR discrepancies: EC asked to display names in Bengal

RELIEF FOR VOTERS

time to read

1 min

January 20, 2026

Financial Express Pune

EU eyes tariffs on €93 bn of US goods over Trump threat

THE EUROPEAN UNION is in talks to potentially impose tariffs on €93 billion ($108 billion) of US goods if President Donald Trump follows through on his threat to hit European countries with a 10% levy on Feb. 1.

time to read

1 min

January 20, 2026

Financial Express Pune

Trump: Greenland stance stems from peace Nobel snub

US PRESIDENT DONALD Trump linked his drive to take control of Greenland to his failure to win the Nobel Peace Prize, saying he no longer thought “purely of Peace” as the row over the island on Monday threatened to reignite a trade war with Europe.

time to read

1 mins

January 20, 2026

Financial Express Pune

RIL eyes ₹20,000-cr FMCG top line

To step up focus on foods, beauty & personal care

time to read

1 min

January 20, 2026

Financial Express Pune

Wind power projects to get a leg-up

THE CENTRE HAS constituted a taskforce on wind power projects to address regulatory, land, grid connectivity and execution-related issues as it looks to scale up capacity from around 55 gigawatt (GW) currently to 108 GW by 2030.

time to read

1 min

January 20, 2026

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