India-US trade relations: Modi aims to double trade by 2030
India’s Prime Minister Narendra Modi and former US President Donald Trump held an important meeting at the White House. It covered trade, defense, and strategic alliances. The key discussion points revolved around bilateral trade. It also included military cooperation, and trade disputes tied to tariffs. Accordingly, the important meeting is said to represent a significant step forward in the consolidation of India-US relations. It is in connection with recent news updates on global economic and security issues.
Key Takeaways
To Doubling by 2030: Modi projected for India to double trade with the US by 2030. He called the meet “really good” in the post on X. Trump felt that fair trade practices and lowering of barriers have become critical.
Defence Partnership: Trump said India would buy advanced US defense equipment including F-35 fighter jets further solidifying military ties. He asserted that there are billions of dollars in defense contracts set to be completed very soon.
Extradition of Tahawwur Rana: Trumpices declare that in a major turn. He authorized the extradition of Tahawwur Rana, by thenilater following the 26/11 Mumbai attacks. He has termed Rana as “very evil”. Also, he has maintained that he needs to be held accountable for these heinous acts.
Growth of Energy Trade: Now boldly to assess a squeeze toward the end of the energy supply, he emphasizes that the US will be a big supplier of oil and a gas supplier above that in order to offset trade discrepancies. Even in this context, he had pointed out the higher Indian tariffs as compared to US products and claimed that Modi has agreed to lower these tariffs in “good faith.”
Eradication of Terror: Both leaders reiterated their commitment against terrorism, with Modi thanking Trump for dealing with terrorists that had crossed the border.
This meeting reflects the growing India-US alliance in future to check their connect in economic and strategic cooperation.
