US-India Trade Talks Gain Momentum

Published on 4.22.25

  The recent visit of US Vice President JD Vance to India marks a significant development in the ongoing negotiations between the two countries for a potential trade deal. The talks, led by Vance and Indian Prime Minister Narendra Modi, aim to promote job creation and citizen well-being through a modern trade agreement that could double bilateral trade to $500 billion by 2030. The visit comes as part of India's efforts to secure a favorable agreement within the 90-day tariff pause announced by former US President Donald Trump. In response to the US tariffs, India imposed a 26% tariff on inbound goods from the US, prompting negotiations to address India's trade surplus and encourage purchases of US defense, tech, and energy products. The meeting between Vance and Modi is significant for Modi's efforts to position India as a leader in the Global South. Indian Foreign Ministry spokesperson Randhir Jaiswal expressed optimism about the meeting, while Vance was welcomed at the airport by Ashwini Vaishnaw, a senior government official. The two leaders discussed trade deals amid US President Donald Trump's tariff threats, and set terms for ongoing discussions, laying down a roadmap for further talks. This development is in line with India's efforts to secure a favorable agreement and reduce its reliance on imports from the US. The potential trade deal has the potential to boost economic growth, create jobs, and promote citizen well-being in both nations.

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