U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply raising the stakes in a bruising trade war with China and jolting global financial markets.

U.S. and Chinese trade negotiators shift to Shanghai this week for their first in-person talks since a G20 truce last month, a change of scenery for two sides struggling to resolve deep differences on how to end a year-long trade war.

India also advocated for coordinated efforts to strengthen mechanisms for sharing of information, best practices and capacity building.

India has already rejected Trump's claim that Prime Minister Narendra Modi sought his mediation on the Kashmir issue; for more than a decade, the US has consistently insisted that Kashmir is a bilateral issue between India and Pakistan

\"Why is PM 'mum' on what transpired between the two heads of states, more so when it affects our sovereignty,\" asks the Congress

During his meeting with Pakistan PM Imran Khan, Trump made a stunning claim that Prime Minister Narendra Modi sought his mediation or arbitration efforts to resolve the Kashmir issue

India and the US have major differences on trade and strategic matters, but they are also trying to accommodate each other

India-US trade talks: Many tough questions on agricultural commodities, e-commerce, and steel and aluminum, have been put off until Piyush Goyal goes to Washington for talks next month.

Ahead of these official-level trade talks, Trump issued another indirect warning to India saying it \"has long had a field day putting tariffs on American products\"

At Friday's meeting, New Delhi expects U.S. officials to push against India's efforts to mandate foreign firms to store more of their data locally

Trump's terse comment within a fortnight after his meeting with Prime Minister Modi on the sidelines of the G20 Summit in Osaka on June 28 where the two leaders aired their concerns over the bilateral trade disputes and agreed for a meeting of their commerce ministers to sort out the issues.