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Trump Expresses Optimism on US-India Trade Talks as Tariff Deadline Approaches

With a 25% tariff on imported vehicles set to take effect April 2, Trump praises Modi's leadership while both nations push for a trade agreement to ease tensions.

  • Donald Trump has voiced confidence in resolving trade disputes with India, calling Prime Minister Narendra Modi a 'great friend' and 'very smart leader.'
  • The US is set to impose a 25% tariff on imported vehicles starting April 2, a move aimed at bolstering domestic manufacturing.
  • India has proposed an early harvest deal to reduce tariffs on select imports as broader negotiations for a Bilateral Trade Agreement continue.
  • Trump has criticized India’s high automobile tariffs, which he claims exceed 100%, and advocates for reciprocal measures to ensure fairness.
  • The proposed Bilateral Trade Agreement, with initial talks slated for fall 2025, is seen as a potential pathway to strengthen economic ties and resolve ongoing trade tensions.
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