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Prime Minister Narendra Modi 2 day visit to the United States to meet president donald trump amid tariff war

Prime Minister Narendra Modi 2 day visit to the United States to meet president donald trump amid tariff war

Prime Minister Narendra Modi 2 day visit to the United States to meet president donald trump amid tariff war

India-US Relations: India’s Prime Minister Narendra Modi and US President Donald Trump are going to meet. Earlier, India is planning to cut tariffs on some American goods to avoid possible trade war with the US. According to the Reuters report, the two leaders will discuss trade, defense cooperation and technical issues during this two-day visit to be held on February 12-13. The report said that India is preparing to give tariff discounts in many areas such as electronic, surgical, medical equipment, and chemical products to encourage American exports.

The purpose of tariff cuts from India is to make better business relations with America. Three government officials have said that the purpose of these tariff concessions is to give exemption on goods for which India is dependent on American imports. It includes dish antennas and wood pulp. This step is also in line with India’s domestic production schemes.

US trade relations and potential conflicts
According to one of the officials, the objective of the Modi-Trump meeting is to avoid the situation like a business dispute between the US-China. Under Trump’s strict trade policies, he imposed a 10 percent tariff on China, which was also seen on global trade. In response to this, China had increased the fee on American energy.

Focus on business issues
However, according to the report, trade and defense cooperation will be discussed between the two countries, but a wide discussion will be done later on the tariff. Trump had demanded to buy American -made security equipment from India to establish a fair trade relationship with the US. However, Trump has also praised Modi several times, which is expected that there may be a favorable trade agreement between the two countries.

Bilateral trade between India and America
The price of bilateral trade between India and the US has been traded by more than $ 118 billion in 2023-24. The two countries are the major business partners of each other. This meeting can increase business cooperation even more.

Also read: Israeli army withdrawn from Gaza, return from Netzerim Corridor, meeting will be held in Qatar for next phase of ceasefire

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