You're listening to World Business Report with me, Rahul Tander.
We're going to take you to Indian-administered Kashmir.
We're also going to be talking to a former advisor to Jerome Powell,
the chair of the Federal Reserve.
But we're going to start the program once again by talking about those relations between the world's two largest economies,
United States and China, because the last 24 hours has been confusing.
There have been talks of a reduction in tariffs, maybe further talks between the US and China.
So where exactly are we?
We're going to try and answer that question over the next 10 minutes or so.
So here's what Donald Trump has said today.
Every country wants to partake, even countries that have ripped us off for many, many years.
China is an example, but it's not just China.
European Union, they ripped us off for many, many years.
And those days are over.
We're going to make a lot of money for our people.
We'll be able to lower taxes substantially.
And we're going to be proud of ourselves.
They're not going to be a laughingstock taken advantage of by virtually every country in the world.
On China, the U.S.
Treasury Secretary, he's basically the man who runs the economy, Scott Besson.