In principle, the rules of trade are simple. The economic concept involves the buying and selling of goods or services.
Whenever a trade deal is done, the buyer s expected to compensate the seller. So far, so good. In a more global context, things can get a lot trickier when those buying or selling goods feel unfairly treated by the other party. This can happen when certain protectionist measures are in place, often involving tariffs on imports of selected goods. Such duties sometimes trigger countermeasures, potentially leading to what economists would call a trade war.
Industry representatives have urged the German chancellor to discuss increased business ties with India during the meeting. Some business leaders are hoping Germany can close on a free trade deal 10 years in the making.
Security and regulatory troubles on both sides of the Atlantic threaten the future of China’s ZTE and Huawei. But to what extent are the recent disputes linked to Trump's attempts to rein in Beijing's economic ambitions?
China's top diplomat says Nepal is a natural area for cooperation between his country and India. Wang Yi was on a visit to his landlocked neighbor - which has been enthusiastic about Chinese plans for new roads and rail lines. But so far India has been cool to Beijing's offers of improved trade links.