ForumIAS LATEST
- 16 June | Failed Before Success: AIR 295 Reveals His UPSC Journey | Click Here to Watch →
- 17 June | How to Write High-Scoring Answers in Hindi Literature Optional | Click Here to Watch →
- 18 June | From Setback to Success: Bhavika Chopra's Rise to AIR 25 | Click Here to Watch →
- 19 June | The Rankforge Challenge (FRC/Tapasya): Truth About UPSC & Coaching by Ayush Sinha | Click Here to Watch →
- 20 June | 150+ Cleared UPSC Prelims from Naugaon, Alwar | The FRC Tapasya Success Story | Click Here to Watch →
- The Group of Seven(G7) summit was held in Biarritz,France.During the summit,US President has said the US and China will be resuming trade talks shortly.
- The US and China are negotiating a trade deal that would end the trade war between both the countries that has been escalating since last year.
- Trade war is a situation where countries restrict each other’s trade by imposing tariffs or quotas on imports.
- The trade agreement under discussion will lead to(a)lower tariffs for US goods (b)ease restrictions on US goods such as on farms,automobile and chemical products (c)lower barriers that would allow US companies to operate from China and (d)Reduce trade gap as China will be buying more goods from US.
- In return for Chinese concessions,US will also remove all the trade sanctions which it had imposed on China since 2018.
