Donald Trump hints at India trade deal ‘soon’, calls PM Modi a ‘good friend’
Donald Trump hints at India trade deal 'soon', calls PM Modi a 'good friend' | Image: ANI
Donald Trump hints at India trade deal ‘soon’, calls PM Modi a ‘good friend’ | Image: ANI
Washington, DC: United States President Donald Trump on Thursday said that Washington and New Delhi are expected to finalise a trade deal 'soon'. He also described Prime Minister Narendra Modi as his 'good friend' once again. Trump's remarks came a day after a US delegation finished its four-day visit to India focused on finalising the interim agreement.
Also Read: 'What the f*** are you doing?': Why Donald Trump blasted Netanyahu during a phone call? Here's why
What Did Donald Trump Say?
Speaking to the reporters at White House, Trump said on Thursday, "For years, India took advantage of the United States... They charged us tremendous tariffs and paid nothing... Now it is the exact reverse and we are making a lot of money with India. But we will get to a deal because I like your Prime Minister (Narendra Modi) a lot; he is a good friend of mine, and we get along well. We have a good relationship."
US Imposes Fresh Tariffs, Cites Forced Labour Concerns
On Tuesday (local time), the United States announced a fresh slew of additional tariffs of 10 per cent and an additional duty of 12.5 per cent on key global economies, claiming that investigations have revealed goods being imported from 60 countries are produced via forced labour.
The Office of the United States Trade Representative (USTR) listed 54 economies including India-- which it claimed have failed to impose and effectively enforce a prohibition on the importation of goods produced with forced labour. The list includes countries such as Australia, China, India, Israel, Japan, Qatar, and Russia. Other countries listed included Saudi Arabia, Singapore, South Korea, Sri Lanka; Switzerland, Taiwan, Thailand, Turkiye UAE, the United Kingdom.
Countries May Face 10% Or 12.5% Additional US Duties
According to the USTR, economies that already have some form of forced labour import prohibition, or have committed to implementing such measures through trade agreements, could face an additional tariff of 10 per cent. Other economies may face a 12.5 per cent additional duty.
The proposed action also includes a textile mechanism that would allow a certain volume of apparel and textile imports from some economies to enter the US at a reduced Section 301 tariff rate.
As per the USTR, the action comes under Section 301 of the Trade Act of 1974, which allows measures to be taken over 60 economies over their acts, policies and practices related to the failure to what it called impose and prohibit goods produced with forced labour--calling it unreasonable and a burden on US commerce.
The USTR identified six economies, including European Union, Pakistan and Canada, for failing to effectively enforcing bans on imports made with forced labour.
(with ANI inputs)
html,body,
body:not(.web_whatsapp_com) *,
html body:not(.web_whatsapp_com) *,
html body.ds *,
html body:not(.web_whatsapp_com) div *,
html body:not(.web_whatsapp_com) span *,
html body p *,
html body h1 *,
html body h2 *,
html body h3 *,
html body h4 *,
html body h5 *,
html
body:not(.web_whatsapp_com)
*:not(input):not(textarea):not([contenteditable=""]):not(
[contenteditable="true"]
),
html
body:not(.web_whatsapp_com)
*[class]:not(input):not(textarea):not([contenteditable=""]):not(
[contenteditable="true"]
),
html
body:not(.web_whatsapp_com)
*[id]:not(input):not(textarea):not([contenteditable=""]):not(
[contenteditable="true"]
) {
user-select: text !important;
}
html body *:not(input):not(textarea)::selection,
body *:not(input):not(textarea)::selection,
html body div *:not(input):not(textarea)::selection,
html body span *:not(input):not(textarea)::selection,
html body p *:not(input):not(textarea)::selection,
html body h1 *:not(input):not(textarea)::selection,
html body h2 *:not(input):not(textarea)::selection,
html body h3 *:not(input):not(textarea)::selection,
html body h4 *:not(input):not(textarea)::selection,
html body h5 *:not(input):not(textarea)::selection {
background-color: #3297fd !important;
color: #ffffff !important;
}
/* linkedin */
/* squize */
.www_linkedin_com
.sa-assessment-flow__card.sa-assessment-quiz
.sa-assessment-quiz__scroll-content
.sa-assessment-quiz__response
.sa-question-multichoice__item.sa-question-basic-multichoice__item
.sa-question-multichoice__input.sa-question-basic-multichoice__input.ember-checkbox.ember-view {
width: 40px;
}
/*linkedin*/
/*instagram*/
/*wall*/
.www_instagram_com ._aagw {
display: none;
}
/*developer.box.com*/
.bp-doc .pdfViewer .page:not(.bp-is-invisible):before {
}
/*telegram*/
.web_telegram_org .emoji-animation-container {
display: none;
}
html
body.web_telegram_org
.bubbles-group
> .bubbles-group-avatar-container:not(input):not(textarea):not(
[contenteditable=""]
):not([contenteditable="true"]),
html
body.web_telegram_org
.custom-emoji-renderer:not(input):not(textarea):not([contenteditable=""]):not(
[contenteditable="true"]
) {
pointer-events: none !important;
}
/*ladno_ru*/
.ladno_ru [style*="position: absolute; left: 0; right: 0; top: 0; bottom: 0;"] {
display: none !important;
}
/*mycomfyshoes.fr */
.mycomfyshoes_fr #fader.fade-out {
display: none !important;
}
/*www_mindmeister_com*/
.www_mindmeister_com .kr-view {
z-index: -1 !important;
}
/*www_newvision_co_ug*/
.www_newvision_co_ug .v-snack:not(.v-snack--absolute) {
z-index: -1 !important;
}
/*derstarih_com*/
.derstarih_com .bs-sks {
z-index: -1;
}
html
body
.alc_unlock-pseudo-before.alc_unlock-pseudo-before.alc_unlock-pseudo-before::before {
pointer-events: none !important;
}
html
body
.alc_unlock-pseudo-after.alc_unlock-pseudo-after.alc_unlock-pseudo-after::after {
pointer-events: none !important;
}
For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest India News on India.com.