Global Economy News
LAST UPDATE: June 7, 2025
US, China to hold trade talks on June 9 in London, Trump says
President Trump announced that senior U.S. officials will meet Chinese counterparts in London on June 9 to discuss trade issues.
Insight
The upcoming U.S.-China trade talks in London signify a critical juncture in bilateral relations, aiming to address ongoing economic tensions. The discussions follow a recent 90-minute phone call between Trump and Xi Jinping, highlighting efforts to ease disputes over tariffs and critical mineral exports. The outcome could influence global markets and set the tone for future economic cooperation between the two powers.
Modi to Attend G-7 Summit in Canada in Sign of Warming Ties
Indian Prime Minister Narendra Modi will attend the G7 summit in Canada, indicating improving relations between the two countries.
Insight
Modi’s participation in the G7 summit reflects a thaw in India-Canada relations, strained since the 2023 assassination of Sikh activist Hardeep Singh Nijjar. Despite ongoing investigations, Canada’s invitation underscores India’s global economic significance. The move may facilitate dialogue on trade, security, and law enforcement, potentially paving the way for strengthened bilateral ties and collaborative efforts on global issues.
