Trump and Modi Seek to Repair U.S.-India Trade Relations
In an optimistic turn of events, U.S. President Donald Trump and Indian Prime Minister Narendra Modi have initiated dialogue to deescalate tensions between the two nations and revive trade talks. Both leaders expressed a hopeful tone, indicating a mutual desire to resolve a longstanding trade impasse. Trump mentioned that India has offered to reduce tariffs on U.S. goods to zero, a significant shift that could unlock substantial economic potential. Following months of friction, the two leaders are set to discuss the trade relationship further, aiming for a reset in U.S.-India ties. Economists and officials on both sides are cautiously optimistic about the prospects for achieving a more balanced trade agreement, highlighting the importance of cooperation amid global economic challenges.
Politico, The New York Times, The Times of India, NDTV, CNBC, Reuters, The Wall Street Journal, India Today, Fox Business, Hindustan Times