US President Donald Trump has expressed optimism about the prospects of a trade agreement between the United States and India, saying the two nations are likely to reach a mutually beneficial deal. Speaking to reporters at the Oval Office on Thursday, Trump praised Prime Minister Narendra Modi and described him as a close friend.
Speaking to the media, Trump said, “For years, India took advantage of the United States,” Trump said on Thursday. “They charged us tremendous tariffs and paid nothing. Now it is the exact reverse and we are making a lot of money with India.”
“We will get to a deal because I like your prime minister a lot. He is a good friend of mine. We get along great, and we are going to make a deal,” Trump said while responding to questions about the ongoing trade negotiations.
US President Raises Concerns About Indian Tariffs
During the interaction, Trump reiterated concerns regarding tariffs imposed on American companies operating in India. He stated that India had levied high duties on US businesses for years while American markets remained comparatively open to Indian products.
According to Trump, the ongoing negotiations are aimed at addressing trade imbalances and improving market access for both countries.
Bilateral Talks Conclude Latest Round
The remarks came shortly after a US delegation completed four days of discussions in India focused on an interim Bilateral Trade Agreement (BTA). The latest round of negotiations concluded on Thursday as officials from both sides reviewed key trade and economic issues.
India’s Commerce Ministry said the discussions were conducted in a spirit of cooperation and pragmatism. The ministry added that both countries remain committed to concluding an agreement that would strengthen bilateral trade and economic relations.
Harley-Davidson Case Highlighted During Discussion
Trump pointed to American motorcycle manufacturer Harley-Davidson as an example of the challenges faced by some US companies in the Indian market. He said high import duties had previously affected the company’s ability to sell motorcycles in India.
The US President noted that the manufacturer eventually established production facilities in India after facing difficulties associated with tariff barriers on imported motorcycles.
US Highlights Expanding Strategic Partnership
The United States also underscored the broader relationship between Washington and New Delhi. State Department spokesperson Tommy Pigott said the strength of bilateral ties was evident during Secretary of State Marco Rubio’s recent visit to India.
Speaking during a roundtable session organised by the New York Foreign Press Centre, Pigott described India and the United States as partners with a strong and expanding strategic relationship.
Invitation for Modi’s Washington Visit Reaffirmed
Responding to questions regarding a possible meeting between Trump and Modi and the timing of a future Quad Leaders’ Summit, Tommy Pigott said any official announcement would come from the White House.
He confirmed, however, that Rubio personally conveyed an invitation from Trump to Modi to visit Washington during his trip to India, describing it as a reflection of the close relationship between the two leaders.
