Overview

• India and the U.S. agreed to double bilateral trade to $500 billion by 2030, with a focus on energy exports and reducing trade imbalances.
• The U.S. announced plans to increase military sales to India, including a potential deal for F-35 fighter jets, and deepen defense technology collaboration.
• President Trump signed an executive order for reciprocal tariffs, targeting countries with higher import taxes on U.S. goods, which could significantly impact India's trade with the U.S.
• Both nations committed to enhanced cooperation on combating organized crime, terrorism, and extraditing suspects, including the approval of Tahawwur Rana's extradition to India.
• Trump offered to mediate the India-China border dispute, but India reaffirmed its preference for bilateral solutions to such issues.