- Trump expects a successful commercial agreement between the United States and India.
- Modi calls us and the close friends of India, partners.
- Trump previously imposed 50% tariffs on Indian goods.
The president of the United States, Donald Trump, said that his administration continues negotiations to address commercial barriers with India and that he would speak with Prime Minister Narendra Modi, which increases the hopes of an agreement after weeks of discord.
Trump, in a marked change in tone, said he hoped to speak with Modi in the “next weeks” and expressed optimism that they could end a commercial agreement.
“I am sure there will be no difficulties to reach a successful conclusion for our two large countries,” he said in a publication on social networks.
Modi corresponded optimism in a publication on social networks on Wednesday, saying that Washington and New Delhi “are close friends and natural partners.”
He said that the teams of both countries are working to conclude commercial discussions as soon as possible.
“I am also anxious to talk to President Trump. We will work together to ensure a brighter and more prosperous future for our people,” said Modi.
Last week, Trump said India had offered to reduce her tariffs to US goods to zero, adding that the proposal was late and that the southern country of Asia should have reduced her duties years ago.
The most optimistic message of the president of the United States occurred after months of roller mountain conversations that have tensioned ties between the United States and India.
The main economic advisor of India warned this week that tariffs of 50% of Trump taxes on Indian exports to the United States could shave half a percentage point of Indian’s gross domestic product this year.
Trump had promised for months that the two parties were close to ensuring a commercial agreement, only to double new rates on Indian imports at 50%, which generated questions about the future of the relationship between the United States and India, which had been strengthened in recent years, even during Trump’s first mandate.
Trump imposed the highest tariffs on India after New Delhi refused to stop buying Russian oil challenging his efforts to end the Moscow war in Ukraine.
The Financial Times reported Tuesday that Trump was pressing the European Union to impose 100% tariffs on imports from India and China.
The trade of two-road goods Us-India totaled $ 129 billion in 2024, with an American commercial deficit of $ 45.8 billion, according to data from the United States Census Office.
