The diplomatic world is seldom black & white as India’s experience post-Pahalgam and Operation Sindoor shows, writes .

Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer told reporters in London early Wednesday that the United States and China have reached a trade agreement in principle.

China’s CSI 300 index of Shanghai- and Shenzhen-listed stocks closed up 0.8 percent on Wednesday. Futures tracking the S&P 500 were up 0.4 percent.