Monday, March 24, 2025

Commerce, Tariffs & Strengthening Ties

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Modi-Trump Assembly: Strengthening US-India Commerce & Strategic Ties

In a high-profile bilateral assembly between Indian Prime Minister Narendra Modi and US President Donald Trump, the 2 leaders mentioned a broad spectrum of India-US relations, with commerce and tariffs taking middle stage. Following their hour-long dialogue in Washington, D.C., each leaders addressed the worldwide media in a joint press convention.

Through the interplay, President Trump was requested who he believed was the higher negotiator between himself and PM Modi. With out hesitation, Trump responded, “He’s a a lot more durable negotiator than me and a significantly better negotiator than me. There may be not even a contest.”

This assertion got here simply hours after Trump introduced sweeping reciprocal tariffs on all buying and selling companions, reinforcing his dedication to defending American commerce pursuits. He reiterated that tariffs are essential for financial revival, stating, “It’s only truthful that taxes and tariffs are reciprocal. Many makes an attempt have been made to cut back tariffs on US exports, however since that has not labored out, we have now now determined to reciprocate in the very same manner—one thing that has not been achieved earlier than.”

Trump has lengthy been vocal about his stance on commerce insurance policies, regularly emphasizing that tariffs are a key instrument for financial revival. He has beforehand acknowledged that “tariff” is his favourite phrase within the dictionary, reaffirming his perception that robust commerce insurance policies will assist the US financial system regain momentum post-pandemic. “We’ve been the world’s primary financial system, and we nonetheless are, however since COVID-19, we have now confronted challenges. We are going to now revive it,” Trump remarked in the course of the press convention.

Aside from commerce and tariffs, the bilateral discussions lined a variety of essential matters, together with regional safety, protection collaboration, overseas investments, power cooperation, expertise partnerships, training, visas, and immigration insurance policies. The 2 leaders underscored the rising energy of the India-US relationship and their shared imaginative and prescient for world stability.

President Trump additionally praised PM Modi, calling him “an awesome chief” and expressing optimism about future commerce agreements between the 2 nations. “We’re going to make some fantastic commerce offers for India and the US,” Trump stated, hinting at stronger financial collaboration.

PM Modi’s go to to the US marks his tenth as India’s Prime Minister and his fourth assembly with Trump as President. Notably, Modi is likely one of the first world leaders to go to the US for official talks following Trump’s latest electoral victory, additional highlighting the importance of the India-US partnership on the world stage.

With commerce and financial progress as key priorities for each nations, this assembly alerts a renewed give attention to strengthening industrial ties, addressing tariff-related issues, and shaping a way forward for mutual financial profit. The diplomatic engagement reaffirms the robust bond between the 2 international locations, paving the way in which for deeper cooperation within the years to come back.


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