The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.

The United States and China have signed a "trade deal" after a more than month-long trade war between the world's two largest economies, the White House has said. The pair had been negotiating in Geneva,

India and the US are in talks to finalise the first phase of a trade deal by July. Commerce Minister Piyush Goyal is in the US for discussions. India wants relief from a 26% duty on some items.

US President Donald Trump has reportedly claimed that India has proposed a sweeping trade agreement that would allow “basically zero tariffs” on a wide range of American goods. As reported by Reuters,

China has criticised the UK-US trade deal in a major blow to Keir Starmer’s bid to improve relations with the communist country. Beijing said it was a “basic principle” that such agreements should not target other nations.

US-China trade talks in Geneva are being followed globally as the world's top economies are trying to find a middle path.