US Agriculture Secretary Sonny Perdue said this week that US trade negotiators had asked China to reduce tariffs on US ethanol, but it was not immediately clear whether Beijing was willing to oblige.
Metals and pharma have performed well last week and that is why we remain stock specific at this juncture, says Pushkaraj Sham Kanitkar, AVP - Technical Research at GEPL Capital.
The 19th JCEC meeting was held in Rome in May 2017.
Iran is buying the sugar from India to use up the rupees it has received for oil sales to India, the world's third-largest oil user.
In the year 2017-18, Indian exports to Pakistan have reached $1.84 billion as against $1.64 billion over the previous year.
A high-powered Chinese delegation is currently in the US for talks with the US on a trade deal.
China has pledged to increase purchases of agricultural produce, energy, semiconductors and industrial goods to reduce its trade surplus with the United States.
The comments contradict Chinese media reports and market speculation about job cuts and a pull-back for China's internet sector amid weakening domestic demand and an prolonged trade dispute with the United States.
The United States and Europe ended a stand-off of several months last July, when Trump agreed to hold off on car tariffs while the two sides looked to improve trade ties.
Addressing the media after the "productive talks" with President Moon, Prime Minister Modi said that South Korea is an important partner in India's economic transformation.
The two countries have held at least half a dozen such rounds of talks since then.
US gold futures were steady at $1,327.5 per ounce.
The new government will have absolutely no fiscal space to stimulate economic activity
As of end-2018, trade between the two countries stood at $30 billion.
Washington already has used the national security argument to impose steep tariffs on steel and aluminum imports, drawing instant retaliation from the EU, Canada, Mexico and China.
The world's two largest economies have slapped tit-for-tat tariffs on hundreds of billions of dollars of goods, slowing global economic growth, skewing supply chains and disrupting manufacturing.
Traders said they were cautious on taking large new positions before the outcome of the trade talks that start in Washington on February 19 between senior Chinese and US negotiators.
The two countries are running against time to arrive at a trade deal before the March 1 deadline set by President Donald Trump and his Chinese counterpart Xi Jinping.
Brussels issued the threat after the US Commerce Department filed a report that empowers President Donald Trump to apply car duties within the next 90 days.
The minister said that India is looking to build partnerships that are mutually beneficial.
A White House official said on February 8 that preparations were under way and the talks would continue to focus on pressing Beijing to make structural reforms.
This is the second Nepal-India Joint Secretary-level meeting to review the trade treaty that was signed between the two countries in 2009.
The south Asian country's exports eased to 249.11 million kg from 251.89 million kg a year ago, the board said in a statement.
It predicted that the European Union would be the biggest winner, taking home some $70 billion in additional trade thanks to the trade war.
The index was above the 50-mark separating growth from contraction for an 18th straight month, its longest stretch of expansion since November 2015.