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2mo ago

India and US Move Toward Bilateral Trade Pact as Trump’s Foreign Policy Shift Gains Favor

External Affairs Minister S. Jaishankar highlights potential benefits for India from US multipolarity stance and ongoing trade negotiations.

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S Jaishankar said he spoke on changing geopolitics, geoeconomics, India-UK ties, neighbourhood and the Indian view of the world.
External Affairs Minister S Jaishankar during a conversation with Director and CEO of Bronwen Maddox at Chatham House in England. (PTI)
Full Event: Jaishankar's Big Message To Trump, Says This On Ukraine War…

Overview

  • India and the US are negotiating a bilateral trade agreement aimed at addressing tariff issues, following discussions between Prime Minister Modi and President Trump in Washington last month.
  • Commerce Minister Piyush Goyal is in Washington for talks, focusing on reciprocal tariffs set to take effect in April under Trump's administration.
  • External Affairs Minister S. Jaishankar views Trump's foreign policy shift toward multipolarity as aligning with India's interests and global positioning.
  • Jaishankar confirmed that India has no policy to replace the US dollar as a reserve currency, emphasizing the importance of international economic stability.
  • Key geopolitical topics discussed include India-China relations, the Russia-Ukraine conflict, and India's balanced approach to Middle East issues, including calls for a two-state solution in Israel-Palestine.