Trump Optimistic About Upcoming India-US Trade Agreement
'I Like PM Modi, He Is A Good Friend': Trump Says India And US Will Get To Trade Deal
Image: News 18
US President Donald Trump expressed optimism about finalizing a trade deal with India, praising Prime Minister Narendra Modi as a good friend. He criticized India's previous tariff policies while noting a shift in trade dynamics that now favors the US. Negotiations are ongoing between the two nations.
- 01Trump described PM Modi as a 'good friend' and expressed confidence in reaching a trade deal soon.
- 02He criticized India's high tariffs on American goods, claiming India had previously taken advantage of the US.
- 03Trump noted a shift in trade dynamics, stating that the US is now benefiting more from its economic ties with India.
- 04He cited Harley-Davidson's challenges in entering the Indian market due to high tariffs as an example of unfair trade practices.
- 05Ongoing negotiations between the US and India aim to finalize a bilateral trade agreement that enhances economic cooperation.
Advertisement
In-Article Ad
On Thursday, US President Donald Trump expressed strong optimism regarding the conclusion of a trade agreement with India, referring to Prime Minister Narendra Modi as a 'good friend' and emphasizing their positive relationship. Trump reiterated his long-standing criticism of India's tariff policies, stating that for years, India imposed high duties on American goods while enjoying favorable access to the US market. He claimed that the trade dynamic has shifted, with the US now benefiting more from its economic ties with India. Trump highlighted the example of Harley-Davidson, which faced 200% tariffs in India, as a case of unfair trade barriers. His comments come as negotiations between Washington and New Delhi are ongoing, with both sides committed to finalizing a mutually beneficial agreement that strengthens bilateral trade. A US delegation recently concluded four days of talks in India, reflecting a spirit of cooperation in the discussions.
Advertisement
In-Article Ad
The trade deal could significantly expand economic cooperation between the US and India, potentially impacting various sectors including manufacturing and trade.
Advertisement
In-Article Ad
Reader Poll
What do you think about the potential US-India trade deal?
Connecting to poll...
Read the original article
Visit the source for the complete story.