Modi offers tariff concessions to Trump to ease trade tensions

firstpost.com

Prime Minister Narendra Modi is set to meet US President Donald Trump, offering tariff concessions to prevent trade conflicts. Modi's proposals include cuts in tariffs on electronics, medical equipment, and chemicals, as well as increased energy imports from the US. The Indian government plans to remove seven tariff rates, leaving only eight. Modi is also expected to discuss defense purchases, including fighter plane engines and combat vehicles, to strengthen ties with the US. Modi aims to address delays in the delivery of GE engines for fighter planes, which have been affected by supply-chain issues. This meeting comes as Trump has criticized India's trade practices in the past.


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