Trump Expresses Optimism Over US-India Trade Talks Amid Past Tensions
Trump Expresses Optimism Over US-India Trade Talks Amid Past Tensions

Trump Expresses Optimism Over US-India Trade Talks Amid Past Tensions

News summary

President Donald Trump has expressed optimism about ongoing trade negotiations with India, praising Prime Minister Narendra Modi as a 'very good friend' despite recent tensions over tariffs and India's purchase of Russian oil. Trump highlighted the imbalance in trade, noting that India sells significant goods to the U.S. while imposing high tariffs on American products, which he described as a one-sided disaster. Modi's gesture of holding hands with Vladimir Putin at an anti-NATO summit was seen as a response to these tensions, but Trump remains hopeful for a successful resolution. The U.S.-India Business Council (USIBC) has welcomed the positive remarks from both leaders and emphasized the importance of strengthening bilateral ties amid global uncertainty. The council urged both governments to make strategic decisions to finalize an ambitious trade deal, which it believes will boost investor confidence and foster prosperity for both nations. Overall, despite past challenges, there is a renewed commitment from both sides to advance the U.S.-India partnership through respectful dialogue and pragmatic solutions.

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