PM Modi to meet U.S. President Donald Trump with planned tariff concessions, sources say
The Hindu
Prime Minister Modi prepares tariff cuts to boost U.S. exports and avoid trade war with Trump during visit.
Prime Minister Narendra Modi is preparing additional tariff cuts ahead of a meeting this week with U.S. President Donald Trump that could boost American exports to India and avoid a potential trade war, government officials said.
PM Modi's two-day U.S. visit from Wednesday (February 12, 2025) comes as Mr. Trump plans to announce reciprocal tariffs on many countries, including tariffs of 25% on all steel and aluminium imports by largest trading partner the United States.
Mr. Trump had previously called India a "very big abuser" on trade and urged it to buy more American-made security equipment to move towards a fair two-way trading relationship.
The Union Government is considering tariff cuts in at least a dozen sectors, from electronics to medical and surgical equipment, and chemicals, to boost U.S. exports in line with country’s domestic production plans, three government officials said.
The officials spoke on condition of anonymity as they were not authorised to speak to the media.
Commerce and Industry Ministry and External Affairs Ministry, and the Prime Minister's office, did not respond to requests for comment emailed outside official work days.
Trade ties between the two nations have grown steadily over the last decade, with Washington increasingly viewing India as a counterbalance to China's growing regional influence.
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