From talks on resuming direct flights to a series of high-level bilateral visits, longtime rivals China and India are quietly and cautiously strengthening ties against the backdrop of U.S. President Donald Trump’s unpredictable approach to both.

Amid souring ties with Washington, DC, Indian Ministry of External Affairs Spokesperson Randhir Jaiswal made it clear that de-dollarisation is not part of New Delhi’s financial agenda

US Treasury Secretary Scott Bessent has warned that Washington could increase secondary tariffs on India. He said the decision would depend on the outcome of President Donald Trump's meeting with Russian counterpart Vladimir Putin in Alaska on Friday.