Jaishankar CONFIRMS India-US Trade: Modi & Trump to Finalize Bilateral Agreement by Fall, 2025
Video Credit: Oneindia - Duration: 03:16s - Published
Jaishankar CONFIRMS India-US Trade: Modi & Trump to Finalize Bilateral Agreement by Fall, 2025
External Affairs Minister S.
Jaishankar revealed that India and the US had a "very open discussion" on trade, leading to an agreement between PM Narendra Modi and President Donald Trump to finalize a bilateral trade deal by fall this year.
Speaking at an event in Delhi with Kyung-wha Kang of Asia Society, Jaishankar emphasized the active and intense trade discussions between both nations.
He also highlighted Union Minister Piyush Goyal’s visit to the US in February and noted the strengthening of defense ties, with the US becoming more open to technology partnerships.
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Amid rising trade tensions, U.S. President Donald Trump praised Indian Prime Minister Narendra Modi as a “great prime minister” while criticizing India’s recent policies. Trump voiced frustration over India’s high tariffs and its continued purchase of Russian oil, warning of a 50% tariff hike on Indian goods. Despite the disagreements, Trump stressed that the U.S.-India partnership remains strong, calling Modi a friend while admitting “moments of tension.” His remarks follow concerns that India and Russia are aligning more closely with China, fueling geopolitical uncertainty.
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