Trump and Modi to meet for trade talks as tariffs threaten relations

financialpost.com

US President Donald Trump and Indian Prime Minister Narendra Modi will meet to discuss a potential trade agreement and enhance cooperation in defense and energy. This meeting comes as new tariffs threaten to escalate trade tensions between the two nations. Officials aim to address the trade deficit by encouraging India to purchase more US defense technology and natural resources. Modi has made concessions, including reducing tariffs on textiles and luxury cars, to ease US concerns. The meeting will also focus on strengthening regional partnerships, including efforts related to semiconductors and critical minerals. Trump plans to announce reciprocal tariffs shortly before welcoming Modi, which could significantly impact India.


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