During his Thursday remarks, JD Vance, the US Vice-President, described Narendra Modi Prime Minister, as an effective trader as both nations continue to negotiate productively about their trading agreement difficulties. The trade negotiations between India and the US continue positively, whereas Vance believes India will be among the countries that first benefit from the new US administration’s updated trade framework.
JD Vance declared during his interview to explain why President Trump implemented his April 2 tariff restrictions against countries like India and China, and several European states, by describing Modi as a challenging negotiator.
The April 9 moratorium grants a temporary suspension of most tariffs until July 9, but basic 10% duties and elevated border taxes controlling steel, aluminium and automobile parts stay active. At least 70 nations, together with India, have begun negotiating terms that will safeguard their economies from enduring harm through the US tariff policies.
Vance indicated that India might not achieve its first trade agreement first, but he believed it would sign one among the initial group of such deals. Additional trade discussions at the same time are occurring between the United States with South Korea, Japan and several European nations.
The Indian government maintains its dedication to strengthening trade relations but insists on avoiding any compromise on national interests. Piyush Goyal, who serves as Union Minister, declared that India stands firm against international pressure while defending essential matters of energy security and defence procurement and will maintain negotiations from favourable positions to protect the interests of the Indian people.
Join our whatsapp group for Latest updates
Click Here for Chhattisgarh News
Click Here for Entertainment News