JD Vance commits to partnership with India as trade negotiations progress – Washington Examiner
Vice President JD Vance and Indian Prime Minister Narendra Modi recently discussed substantial progress in U.S.-India trade negotiations during Vance’s diplomatic visit to India. Vance emphasized the importance of their meeting as a key step toward achieving the trade goals envisioned by President trump and Modi, with aims to boost bilateral trade to $500 billion by 2030. Despite recent tensions regarding tariffs—highlighted by Trump imposing a 26% tariff before suspending it for 90 days—Vance expressed optimism about strengthening economic ties and mutual investments.He underscored the need for India to invest more in U.S. military supplies and to purchase more American ethanol. Both leaders welcomed the advancements in trade negotiations and laid out a roadmap for future discussions regarding shared economic objectives.
JD Vance commits to partnership with India as trade negotiations progress
Vice President JD Vance and Indian Prime Minister Narendra Modi touted “significant” advancements in trade talks between the United States and India on Monday.
The comments were made during Vance’s diplomatic trip to India with second lady Usha Vance and their family. Vance said the meeting with Modi was a “vital step toward realizing President Trump and Prime Minister Modi’s vision” and that it “sets a road map toward a final deal between our nations.”
“Now I believe that our nations have much to offer to one another, and that’s why we come to you as partners, looking to strengthen our relationship,” Vance said during a speech in Jaipur.
“Now we’re not here to preach that you do things any one particular way. Too often in the past, Washington approached Prime Minister Modi with an attitude of preaching,” the vice president added.
President Donald Trump hit India with a 26% tariff earlier this month, but a week later, he implemented a 90-day suspension of his “reciprocal” tariffs, leaving a 10% baseline tariff.
In February, Trump and Modi agreed to increase bilateral trade significantly between the two countries to $500 billion by 2030. If that is achieved, the trade deal would massively enhance economic ties between the U.S. and India and could strengthen diplomatic ties, which have previously been murky.
Vance noted he wanted to see more investment from India in American military supplies and more purchasing of American ethanol.
“There is a serious lack of reciprocity in the trade relationship with India,” Vance said, but he added, “India’s constructive engagement so far has been welcomed, and I look forward to creating new opportunities for workers, farmers, and entrepreneurs in both countries.”
TRUMP AND MODI HOPE PERSONAL TIES CAN HELP BRIDGE DISAGREEMENTS OVER TARIFFS AND IMMIGRATION
Prior to Vance’s remarks, the White House released a statement saying that progress had been made on a trade deal.
“Vice President Vance and Prime Minister Modi welcomed significant progress in the negotiations for a U.S.-India Bilateral Trade Agreement (BTA) and formally announced the finalization of the Terms of Reference for the negotiations, laying down a road map for further discussions about our shared economic priorities,” the statement read.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
Auto Amazon Links: Could not resolve the given unit type, . Please be sure to update the auto-insert definition if you have deleted the unit.