Two-day talks were held in Kuala Lumpur, the capital of Malaysia, between senior officials of the world’s two largest economies, America and China. US Finance Minister Scott Besant told the media on Sunday that the meeting between the two sides will lay the foundation for the meeting between President Trump and Xi Jinping. The US Finance Minister said that issues related to agricultural procurement, TikTok, trade, rare earth minerals and bilateral relations were discussed in the conversation.

This dialogue between America and China is important not only from the commercial but also from the political point of view. The Chinese delegation, led by Vice Prime Minister He Lifeng, included trade representative Li Chenggang and Vice Finance Minister Liao Min. At the same time, the American side was led by Finance Minister Besant and Trade Representative Jamieson Greer. According to sources, a large part of the meeting focused on issues like fentanyl smuggling and TikTok data security. America has long been accusing China that Chinese tech companies monitor the data of its citizens. However, this time the talks are said to be more positive than before. Both countries have said in a joint statement that dialogue is the best way to resolve differences.

Trump’s Asia tour and strategic message

This conversation took place at a time when President Donald Trump is on his first major tour of Asia in his second term. Prime Minister Anwar Ibrahim welcomed him upon his arrival in Malaysia. Trump gave a message of regional stability by witnessing the peace agreement between Thailand and Cambodia. After Malaysia, Trump will visit Japan and South Korea. At the same time, he is scheduled to meet Chinese President Xi Jinping during the Asia-Pacific Economic Cooperation (APEC) summit. This meeting will be the first face-to-face meeting of the two leaders after Trump returned to the White House in January.

What did Trump tell the journalists?

Speaking to reporters aboard Air Force One, President Trump said he hoped talks with Xi Jinping would lead to a complete and practical agreement. He said, ‘We will have direct dialogue on issues like tariffs, exports, agricultural procurement, Taiwan policy and Ukraine. This is the most effective way to resolve differences.

This statement of Trump has come at a time when trade tensions, differences regarding Taiwan and technological competition between the two countries are continuously increasing. According to US officials, President Trump is planning to take a tough stance in this meeting on American concerns over TikTok and illegal trafficking of fentanyl.

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US President Donald Trump once claimed on Saturday (25 October 2025) that India has completely cut oil imports from Russia. He said that this step of India is a big step towards strategic partnership with America. However, India has earlier rejected all such claims and clarified that the decision to purchase oil is based on its national interests and not on external pressures.

The Trump administration said that economic and financial sanctions are being imposed on these companies to prevent the Russian energy sector from funding the war machine. These sanctions include freezing the assets of two Russian companies Rosneft and Lukoil in the US, barring American citizens from any financial transactions with them and appealing to global partner countries to maintain trade distance with them. The move is a direct hit to Russia’s economy as Rosneft and Lukoil control about 45% of Russia’s total oil exports.

What is India’s stance on Russian oil?

Soon after Trump’s claim, Indian Foreign Ministry sources once again reiterated that India will continue to buy crude oil from Russia as it is an important part of energy security and cheap supply. India says that unless there is an official ban at the United Nations (UN) level, no country can stop it from buying oil from a particular seller.

An official of India’s Energy Ministry said on condition of anonymity that our priority is to ensure that India gets cheap and stable oil. We cannot compromise with our interests. Trump has earlier also claimed that India will gradually stop buying oil from Russia, but India’s purchase figures show that Russia is still India’s largest crude oil supplier, ahead of Saudi Arabia and Iraq.

Trump’s next diplomatic move

Trump also said during his announcement that he expected a full trade deal when he met with Chinese President Xi Jinping in South Korea. He said that we will also talk about fentanyl (a deadly drug) and agricultural trade. It is killing many Americans and it comes from China. This meeting is taking place at a time when tension between America and China is at its peak regarding technical restrictions, trade balance and raw material supply chain.

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Trade tension between America and China has increased again. This time the reason for controversy is the additional tariffs imposed by America on China. US President Donald Trump recently announced that 100% additional tariffs will be imposed on China from November 1. Earlier, America had imposed 30% tariff on goods imported from China. This means that China will face a total tariff burden of 130%.

American officials say that this step has been taken to protect America’s domestic industries from foreign competition and reduce the trade deficit. On the other hand, China has made it clear that it wants to resolve this issue through dialogue. The economies of both the countries are the largest in the world and the conflict between them also impacts the global markets.

Next conversation may take place next week

US Finance Minister Scott Besant has informed that talks will be held between America and China next week. In this meeting, Besant will personally meet China’s Deputy Prime Minister He Leifeng. The main objective of the meeting is to save both the countries from trade tension and the global economic loss caused by it.

Experts believe that this meeting will not be held only on the issue of tariff rates. In this, the long-running trade imbalance and economic cooperation issues between the two countries will also be discussed. If the meeting is positive, global markets may also get relief from it.

Impact of ever-increasing tariffs

The impact of the tariff war is not limited to America and China only. This also puts pressure on companies, investors and consumers of other countries. Products like electronics, technology and automobiles imported from China will become expensive. Due to increase in the prices of these products in America, consumers will also have to pay more.

China gave these indications

China has indicated that it is ready for talks. However, the stance of the Trump administration is still tough. Trump has consistently said that his primary goal is the protection of American industry and employment and for this he is ready to take any step.

International trade experts say that some agreements may be reached in next week’s meeting, but a complete solution is difficult at the moment. If the meeting is successful, then trade tension between America and China may reduce in the future.

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Stock market today: The second business day of the week has started with a positive trend. The Sensex opened up 200 points at around 9.15 am. While the Nifty is trading at the level of 25100. NTPC stocks have also jumped 1 percent.

Global market boom

On Tuesday, the Asian market has also got a boom. Japan’s Nikkei.05 percent jumped, while the topics index rose 0.2 percent. While South Korea’s cospy.03 percent and Australia’s ASX 200 also jumped up 0.49 percent.

Earlier on Monday, the fourth consecutive trading session continued. The BSE Sensex was in profit of 256 points. At the same time, NSE’s Nifty climbed 100 points. After the rise in global markets and a major cut in RBI’s repo rate, the market was in the growth due to improving investors perception.

Growth a day before

The BSE Sensex based on 30 shares closed at 82,445.21 points, ranging at 82,445.21, 256.22 points, or 0.31%. The market gained momentum mainly due to buying in bank shares. At one time it climbed up to 480.01 points during business. The 50 -share NSE Nifty closed at 25,103.20 points with a gain of 100.15 points, or 0.40%.

The assumption in the market was also positive about another round of trade talks between the US-China. Kotak Mahindra Bank, Bajaj Finance, Axis Bank, Power Grid, IndusInd Bank, Maruti, Bajaj Finserv and NTPC were the most profitable among the Sensex shares. Here, crude oil also shows a boil. The price of crude oil has crossed $ 67 per barrel.

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Us china trade deal: Due to the tariff of Trump, the sourness that was born between the two economic superpowers of the world, now seems to be less. After the long business talks between the US and China for two days in Geneva between the two countries, it has now been agreed. Information about this was given by the White House on Sunday. The White House issued a statement saying- US Secretary of Treasury Scott Besant described the conversation between the two countries as positive and said that detailed details about it will be released on Monday.

Consent on commercial talks between America-China

Besant said that he is very happy to give this information that there has been significant progress in the important business talks between America and China. US Trade Representative ambassador Jemison Greer also said that it was quite important that somehow the two countries had agreed immediately. He said that the differences were not the same as it was thought before.

Garir said that a lot of discussion has been held in the last two days and work has been done on ground work. The US has a major trade deficit of $ 1.2 trillion, so President Trump has imposed a tariff in announcing national emergency. He said that he is confident that the compromises that have been made with the partner China will definitely help America to get out of the national emergency.

Stress was increased after tariff

Significantly, the business talks between the US and China have taken place at a time when the tension between the two countries came to its peak. The US had increased the tariff to 145 percent over the goods imported from China to 145 percent. In such a situation, many companies including Apple -based Apple have made up their mind to shift their business to India. Due to this tension of America and China, New Delhi is being projected to get direct benefit.

India is also holding commercial talks with America. However, amidst this fee of shock on the economic front and the benefits of India, this business agreement between China and America hopes that Beijing can get relief on the economy front.

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