India’s Prime Minister Narendra Modi and former US President Donald Trump met in Washington, discussing trade, defense, and immigration. The two leaders hailed a “mega partnership,” emphasizing economic cooperation despite ongoing trade tensions.
Key Highlights from the Meeting
🛢️ India to Import More US Oil & Gas
- India agreed to increase purchases of American oil and gas.
- This helps the US reduce its trade deficit while giving India more energy security.
- However, experts warn that a stronger dollar could make US imports expensive for India.
✈️ India to Buy American Military Equipment
- India plans to purchase advanced military hardware, including F-35 fighter jets.
- Trump emphasized boosting US arms sales, calling it a win-win for both nations.
🌍 Trade Talks: Tariff Tensions Continue
- Trump criticized India for having some of the world’s highest trade tariffs.
- He highlighted India’s 100% tariff on US motorcycles vs. 2.4% on Indian bikes in the US.
- Modi expressed willingness to lower some tariffs to ease tensions.
🛂 Immigration & Deportation Issues
- The US deported 104 undocumented Indian immigrants last week, with more to follow.
- Trump announced the extradition of a suspect linked to the 2008 Mumbai terror attack.
- Modi thanked Trump for cooperation on immigration and security.
📈 US Tariffs Loom Over India & Other Trading Partners
- Trump plans new global tariffs by April 1, affecting key US trading partners, including India.
- He argued these measures would boost US manufacturing.
Conclusion: Strengthening Ties Amid Challenges
While Modi and Trump celebrated their growing economic ties, trade barriers and tariffs remain critical challenges. India aims to secure strategic benefits from the US, but balancing its trade deficit and avoiding economic fallout from new US tariffs will be key.