Prime Minister Narendra Modi welcomed the new trade agreement between India and the United States, highlighting its potential to benefit citizens of both nations. He emphasized that collaboration between two major economies and the world’s largest democracies would strengthen global economic ties.
Tariff Cut on Indian Goods Expected to Boost ‘Make in India’ and Strengthen Bilateral Trade
Highlighting the importance of the ‘Make in India’ initiative, Modi expressed gratitude to US President Donald Trump after Washington announced a reduction in tariffs on Indian goods from 50% to 18%. He described the decision as a significant boost for Indian exports and domestic manufacturing.
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Praising Trump’s leadership, Modi stated that his role remains crucial in promoting global peace and stability. He also expressed optimism about strengthening bilateral relations and taking the India-US partnership to new levels.
In a post on social media platform X, Modi said he was pleased to speak with President Trump and thanked him on behalf of India’s 1.4 billion citizens for the tarriff reduction, calling it a positive step for trade and cooperation between the two nations.
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