Modi offers tariff concessions in talks with Trump to ease trade tensions

channelnewsasia.com

Indian Prime Minister Narendra Modi is meeting with Donald Trump on February 13. Modi is offering concessions on tariffs and new business deals to ease trade tensions and address concerns about China. Trump recently announced a plan for reciprocal tariffs on countries that impose duties on U.S. imports. He has criticized India for its trade practices, calling it a "very big abuser." Despite a previously warm relationship, Trump's earlier tariffs on steel and aluminum have affected India significantly. He noted that India's tariffs make it challenging for U.S. businesses to operate there.


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