India and Pakistan agreed to an immediate ceasefire on Saturday, unexpectedly halting the worst fighting in decades between the nuclear-armed neighbors, just when their tit-for-tat strikes appeared to be spiraling out of control.

After four days of fighting, India and Pakistan agreed to a May 10 ceasefire, but within hours explosions rang out in border towns.

Indian exporters said that several Chinese exporters have approached Indian suppliers for help in fulfilling US orders, as they seek to retain their American clients.

China is at the epicentre of U.S. President Donald Trump's global trade war that has roiled financial markets, upended supply chains and fuelled risks of a sharp worldwide economic downturn. Washington wants to reduce its trade deficit with Beijing and convince China to renounce what the U.

President Donald Trump said Saturday there was “great progress made” on trade talks between the United States and China, amid a possible thaw in the trade war sparked by his massive tariffs.