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In joint remarks with India’s prime minister Tuesday morning, President Trump touted progress on a trade deal, but both leaders declined to reveal new details.
The president did, however, announce a new deal with Exxon Mobil to improve India’s network of natural gas. Weija Jiang reports.
What are the next steps for the US-India relationship in terms of economic cooperation and potential future trade deals?
President Trump completed his two-day visit to India on Tuesday, February 25, 2020, with high hopes for the US-India trade relationship. President Trump and Indian Prime Minister Narendra Modi held talks on trade, defense, and security, among other issues, seeking to boost the bilateral ties between the two countries.
During the visit, President Trump addressed a massive crowd of more than 100,000 people at the Motera cricket stadium in Gujarat, where he praised the “incredible” progress India has made under the leadership of Prime Minister Modi. He also said that the US and India are working on a “fantastic” new trade agreement that would benefit both countries, but provided no specific details on the content or timeline of the deal.
The two leaders discussed several trade issues, including the US$160 billion bilateral trade deficit, intellectual property rights, and tariffs on various goods. They also announced a series of agreements, including the purchase of US$3 billion worth of military equipment by India from the US.
The visit marked the first time that President Trump visited India since taking office in 2017. The trip was seen by observers as an important opportunity to strengthen the US-India relationship, which has been strained in recent years over disagreements on trade, immigration, and climate change.
President Trump’s visit to India was met with both enthusiasm and criticism. Supporters of the president praised his efforts to strengthen ties with India and create new economic opportunities for American businesses. Critics, however, accused President Trump of ignoring human rights abuses in India and of only seeking to exploit India for economic gain.
Despite the mixed reactions, President Trump described his visit to India as “an incredible two days” and expressed optimism about the future of the US-India relationship. He tweeted, “The First Lady and I have just concluded a two-day visit to India, where we had a productive time with Prime Minister @NarendraModi. We were honored to be guests in his incredible country, that has a truly bright future ahead!”.
In conclusion, President Trump’s visit to India was an important step towards strengthening the US-India relationship. Although a new trade deal was not finalized during the visit, the two leaders expressed optimism about the progress made in their talks and the potential for future economic cooperation. As India continues to emerge as a major economic power, it is likely that the US will seek to deepen its ties with the country and pursue new opportunities for economic growth and cooperation.
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