Indo-US Tariff: Amidst the trade tariff talks between India and the US, US President Donald Trump hoped that the tariff talks would lead to very good results. Along with this, Trump described PM Modi as his ‘good friend’ and ‘smart’ person. The recent comments of the US President are very important amidst the continuous criticism by Trump of fees levied by India and other countries on American goods.
Trump described PM Modi as great, but showed an old stand on tariff
The US President said at the White House on Friday, ‘Prime Minister Modi came here recently and we have always been very good friends. In addition, my relations with India have been very good. But my only problem with India is that it is one of the most tariffs in the world. I believe that India will probably make a significant decrease in its tariff, but on April 2 we will collect the same tariff from them that they collect from us. In another statement, Trump described India as a difficult place to trade.
Negotiations between the two countries on the tariff
Both countries have started dialogue to finalize the initial trade agreement and solve their deadlock on tariffs, as the April 2 deadline is approaching. According to media reports, India has offered tariff cuts on imports of $ 23 billion in the first phase of the agreement. American agricultural products such as almonds and cranberries have also been exempted.
The new fees will be applicable from April 2.
Let us tell you that PM Modi visited Washington DC in February and had bilateral talks with US President Trump. The meeting with Prime Minister Modi took place less than a month after Trump took oath for his second term.
The post will recover everything between India and America: Trump expressed hope on the tariff issue, PM Modi told ‘Smart’ first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
