Trump, Modi hope talks result in part one in every of U.S.-India commerce deal – White Home

HomeStock

Trump, Modi hope talks result in part one in every of U.S.-India commerce deal – White Home

Adds background of India, U.S. commerce


Adds background of India, U.S. commerce

Feb 26 (Reuters)U.S. President Donald Trump and Indian Prime Minister Narendra Modi have agreed to “promptly” conclude ongoing commerce talks that they hope can result in the primary part of a bilateral U.S.-India commerce deal, the White Home mentioned.

The assertion follows Trump’s go to to India on Feb. 24-25, throughout which the U.S. president clinched the sale of $three billion of army gear sale to India.

“They (Trump and Modi) agreed to promptly conclude the continued negotiations, which they hope can change into part one in every of a complete bilateral commerce settlement that displays the true ambition and full potential of the bilateral industrial relations”, the White Home said late on Tuesday, giving no particulars on what could be included within the deal.

Earlier on Tuesday, Trump criticized India for its excessive tariffs.

“India might be the best tariff nation on the planet,” he mentioned.



nasdaq.com