File photo of US President Donald Trump shaking hands with Indian Prime Minister Narendra Modi.
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Moneycontrol11-12-2025, 20:19

Modi, Trump Discuss Defence, Tech, Indo-Pacific; Trade Tariffs Remain Key

  • PM Modi and Donald Trump discussed the India-US Comprehensive Global Strategic Partnership, covering bilateral relations and regional/international developments.
  • Key cooperation areas included defence, critical technologies, trade, AI, clean energy, and Indo-Pacific security.
  • The discussion occurred amidst ongoing speculation about a potential trade deal between the two nations.
  • US tariffs of 50% on Indian goods (due to trade deficit and Russian crude purchases) are impacting Indian exporters.
  • A trade deal hinges on resolving these tariffs, with the US seeking concessions on agri/industrial goods, while India opposes concessions on agri/dairy sectors.

Why It Matters: This impacts India's trade, economy, and global strategic partnerships.

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