India's exports to China rebounded in the first quarter of FY26, rising 18 per cent year-on-year to $4.4 billion after two years of decline in the same period. This renewed trade momentum with China comes amid Donald Trump’s proposed 50 per cent tariff on India for purchasing Russian oil.

China backs India against steep U.S. tariffs, as Delhi diversifies trade ties and recalibrates its strategy amid shifting global economic and geopolitical dynamics.

Despite ongoing trade tariff disputes, a strategic triad forming between India, China, and Russia is reshaping global economic dynamics