The US economy shrank at a 5.0 per cent rate in the first quarter with a much worse decline expected in the current three-month economic period because of the coronavirus pandemic.
India and the US could strike a smaller trade deal in the coming weeks, India's ambassador Taranjit Singh Sandhu has said while acknowledging that the unprecedented challenges posed by the COVID-19 pandemic has been a "bit of a setback" in moving ahead as the governments are focused on tackling the health crisis.
The US and China clashed over Hong Kong at the UN Security Council, with Washington calling a meeting over the controversial national security law introduced by Beijing to tighten its control on the former British colony.
The US now has more coronavirus cases than any other country after more than 16,000 COVID-19 infections were reported there in a single day, taking the number of patients in America to over 85,600, according to Johns Hopkins University data.
US Secretary of State Mike Pompeo has blamed Russia, China and Iran for spreading "disinformation" on COVID-19 and carrying out coordinated efforts to "disparage" American attempts towards containing the fast-spreading coronavirus pandemic.
Seasoned diplomat Taranjit Singh Sandhu has been appointed as India's Ambassador to the US, replacing Harsh Vardhan Shringla, the Ministry of External Affairs said on Tuesday.
The trade truce with China set to be signed on Wednesday does not include a deal to roll back tariffs imposed on most Chinese goods, US officials said in a statement Tuesday.
The Senate impeachment trial of US President Donald Trump is likely to begin next Tuesday while key players in the process could be sworn in later this week, the chamber's Majority Leader Mitch McConnell said.