World8/30/2025BBC

Reeling from Trump's tariffs, India and China seek a business reboot

Reeling from Trump's tariffs, India and China seek a business reboot

The article discusses the impact of US President Trump's tariffs on India and China, and their efforts to reboot their business relationships. India's Prime Minister Narendra Modi is seeking to draw closer to the world's largest economies, including China, as his country reels from the effects of Trump's trade policies. The two Asian giants, once embroiled in a border dispute, are now looking to strengthen economic ties and explore new areas of cooperation. The article notes that India and China are exploring ways to boost trade and investment, with Modi and Chinese President Xi Jinping expected to hold an informal summit to discuss the way forward. This comes as both countries face the challenge of navigating the uncertain global trade environment, marked by the ongoing US-China trade war and the uncertainty surrounding the future of the WTO. The article highlights the need for India and China to find common ground and work together to address the economic challenges they face, as they seek to secure their respective positions in the evolving global landscape.

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