Union Defence Minister Rajnath Singh lauded the India-US trade deal, emphasizing its potential to enhance cooperation between the two nations. Singh described the agreement as a significant milestone in bilateral relations, reducing tariffs to 18% and fostering deeper economic collaboration. He commended Prime Minister Narendra Modi and US President Donald Trump for finalizing this crucial deal, foreseeing strengthened strategic ties and mutual benefits for both countries.
President Trump, following a phone call with PM Modi, announced the trade deal, which includes lowering US tariffs on Indian goods to 18% and easing Indian trade barriers for US products. Trump highlighted India’s commitment to cease purchasing Russian oil and increase imports of US energy, technology, and agricultural goods. He expressed optimism that this agreement would bolster US-India relations and contribute to resolving conflicts like the war in Ukraine.
In response, PM Modi expressed gratitude to President Trump for the reduced tariff on Indian products, emphasizing the positive impact on India’s economy. Modi underscored the advantages of collaboration between the two largest democracies, emphasizing the potential for mutual growth and cooperation. He praised President Trump’s dedication to global peace and prosperity, affirming India’s full support for his peace initiatives and expressing eagerness to elevate the partnership to new heights.
