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

World
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Moneycontrol•11-12-2025, 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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