Modi and Trump discuss trade deal to boost investment and double bilateral trade
Indian Prime Minister Narendra Modi and U.S. President Donald Trump discussed a new trade deal aimed at easing investment between the two countries. They highlighted a goal to double bilateral trade to $500 billion by 2030. Trump signed an order for reciprocal tariffs, targeting countries with higher barriers to U.S. products, including India. Both leaders acknowledged the need for fair trade terms and set a timeline for a bilateral trade agreement by fall 2025. The talks included commitments to enhance market access and reduce trade barriers. Modi and Trump also noted ongoing investments by Indian companies in the U.S., which have created thousands of jobs.