6 days ago

Modi and Trump Discuss Trade as New Tariffs Loom

Modi and Trump Discuss Trade as New Tariffs Loom
Modi, Trump discuss trade, energy ties in first call since June as new tariffs loom · theprint.in

Indian Prime Minister Narendra Modi and US President Donald Trump spoke by phone for the first time since June.

They talked about working together on defense, trade, energy, and important technologies.

The two countries are also trying to finish a smaller trade agreement.

Their larger trade agreement is not finished yet.

A new US law could lead to very high tariffs on countries that buy Russian oil and gas.

India says those tariffs could hurt its relationship with the United States and affect energy markets.

The countries have also disagreed about whether Trump helped end fighting between India and Pakistan.

At home, Indian opposition parties are planning protests over changes to electoral rolls.

Key facts

First call since
June
Topics discussed
Defense, trade, energy, critical technologies, regional and international developments
Interim trade deal
India and the United States are seeking to finalize one, while broader agreement talks remain unfinished
Potential tariff authority
A new US law gives Donald Trump power to impose levies of up to 100% on countries buying Russian oil and gas
India’s concern
Such measures could damage bilateral ties and disrupt global energy markets
Trade meeting
Piyush Goyal met his US counterpart during a G20 trade ministers’ meeting in Milwaukee
Domestic political pressure
Indian opposition parties plan protest marches over a controversial electoral-roll overhaul

Quotes

Indian government

The Indian government, in a statement about the leaders’ phone call

“reaffirmed their commitment to advancing the India-US Comprehensive Global Strategic Partnership and agreed to maintain close engagement to deepen cooperation”
theprint.in
“exchanged views on regional and international developments and discussed ongoing efforts to promote global peace and security”
theprint.in

Sources

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