US escalates trade pressure on China while US-India business ties advance with Reliance refinery deal

The United States is pursuing an aggressive trade and technology policy against China, launching new investigations and drafting stricter AI chip export controls. Concurrently, U.S. business ties with India are strengthening, as Reliance Industries shifts from criticizing former President Trump to partnering on a major U.S. refinery project. This reflects a dual-track U.S. approach of pressuring strategic rivals while deepening economic partnerships with key allies.