Prøve GULL - Gratis

New Delhi can't drop the ball on the art of the New Deal

Hindustan Times Noida

|

May 15, 2025

In a strategic pause on May 12, the US and China resolved to reduce tariffs on their goods temporarily, taking a new turn in the escalating trade war between the two.

- Harsh V Pant

The new rates came into effect on Wednesday. Additionally, a mechanism to deliberate over economic and trade relations will be set up, with Chinese vice-premier He Lifeng, US treasury secretary Scott Bessent, and trade representative Jamieson Greer spearheading the talks.

China pledged to revoke non-tariff countermeasures—a reference to the curbs on the export of critical minerals used in the manufacturing of batteries and other advanced applications.

The aim of this pause seems to be to finalize the contours of a broader agreement in due course.

Earlier, US President Donald Trump's America First trade policy released in January sought to probe China's practices related to technology transfer, infringements of intellectual property, steering of exports through third countries, and discriminatory trade practices.

Bessent has said Washington was keen to discuss the issue of trade deficit, China's currency tweaking, and subsidies for manufacturing.

These issues are set to prominently figure in the talks that will take place over the next three months.

Both sides have skin in the game and would seek to defuse trade tensions.

For Washington, the spectre of shortages due to the imposition of high tariffs loomed large.

Besides, small firms in the US faced significant challenges with respect to reworking supply chains amid the tariff tussle.

FLERE HISTORIER FRA Hindustan Times Noida

Hindustan Times Noida

‘Handling pressure of being hosts key to India’s ambitions in WC’

Few names in women’s cricket carry as much weight as Belinda Clark's. A pioneer, record-holder and administrator, Clark has been a trailblazer but also witnessed the evolution of the game.

time to read

3 mins

October 03, 2025

Hindustan Times Noida

Karan hits back at ex, Anusha, later deletes his Insta post

Actor Karan Kundrra has hit back at allegations made by his former girlfriend, actor-host Anusha Dandekar, who recently suggested he had been unfaithful during their three-and-a-half-year relationship.

time to read

1 min

October 03, 2025

Hindustan Times Noida

Hindustan Times Noida

Doyen of classical music who transcended genres and enriched India’s cultural legacy

{ PANDIT CHHANNULAL MISHRA } 1936-2025

time to read

1 min

October 03, 2025

Hindustan Times Noida

Hexaware faces $500 million patent lawsuit

American information technology (IT) services firm Natsoft Corp. sued Hexaware Technologies Ltd for breach of contract and patent infringement, seeking $500 million in damages from the latter, in one of the biggest patent cases against an Indian IT firm.

time to read

2 mins

October 03, 2025

Hindustan Times Noida

At UNHRC, India slams Pak for 'hypocrisy' over human rights

India slammed Pakistan at the 60th session of the United Nations Human Rights Council (UNHRC) in Geneva, for its “hypocrisy” on human rights and highlighting the persecution of minorities within Pakistan.

time to read

1 mins

October 03, 2025

Hindustan Times Noida

DU keeps you grounded: Miss Universe India Manika

This 22-year-old student of Delhi University (DU) is no ordinary girl next door.

time to read

1 mins

October 03, 2025

Hindustan Times Noida

A colonial era prison lost to time

The Old Central Jail, once a Mughal 'serai' and later a colonial prison, exists today in fragments amid weed and a fading memory

time to read

3 mins

October 03, 2025

Hindustan Times Noida

{ DR GG PARIKH } 1924-2025 Veteran Gandhian leader, freedom fighter Parikh dies at 101

It was befitting that the last of the legendary Gandhians should die on Gandhi Jayanti. Dr GG Parikh who passed away on Thursday morning was one of those rare figures whose death at the age of 101 will be mourned not just by the grey eminences talking about a ‘second’ freedom movement, but also by hundreds of young grassroots workers for whom he was an inspiration, and as evidenced by many of them breaking down at his funeral in Mumbai.

time to read

2 mins

October 03, 2025

Hindustan Times Noida

Messi to visit India for 4-city tour in December

Lionel Messi on Thursday confirmed his participation in the much-anticipated GOAT Tour of India, calling itan “honour” to revisit the “passionate football nation” where he last played 14 years ago.

time to read

1 min

October 03, 2025

Hindustan Times Noida

Hindustan Times Noida

First day, first show: Pace makes Windies crumble

India are only 41 runs away from taking a first innings lead with eight wickets in hand

time to read

3 mins

October 03, 2025

Listen

Translate

Share

-
+

Change font size