India hitting US 'very hard' on trade; will 'talk business' with PM Modi: Donald Trump
New Delhi | Jagran News Desk: Days ahead of his India visit, US President Donald Trump on Thursday said that India has been hitting hard on trade with high tariffs for many years. Trump said that he will "talk business" with Prime Minister Narendra Modi during his India visit to promote American products.
President Trump and US first lady Melania are scheduled to travel to Ahmedabad, Agra and the national capital on February 24 and 25.
"I'm going to India next week and we're talking trade. They've been hitting us very hard for many, many years," Trump said at a rally in USA's Colorado.
Speaking to his thousands of supporters, Trump said he "really likes" PM Modi and they would be talking business. "We've got to talk a little...We've got to talk a little business. It's been hitting us hard. They give us tariffs, one the highest in the world is India," he said.
Trump added that the two countries could make a tremendous trade deal, but indicated that the talks might slow down if he does not get a good deal.
"We're going to India, and we may make a tremendous deal there," Trump said.
"Maybe we'll slow down. We'll do it after the election. I think that could happen too. So, we'll see what happens," he added.
"But we're only making deals if they're good deals because we're putting America first. Whether people like it or not, we're putting America first," Trump said.
While India demands exemption from high duties imposed by the US on certain steel and aluminium products, resumption of export benefits to some domestic products under GSP and greater access to American markets, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices and cut on import duty on some ICT products.
Trump, who is seeking reelection in the November presidential polls, indicated that his visit will result in more products "proudly stamped with the beautiful phrase Made in the USA".
Multiple rounds of talks have taken place between Commerce Minister Piyush Goyal and US Trade Representative Robert Lighthizer in the past few weeks over the telephone to sign a possible trade deal during Trump's visit.
One of the largest economies in the world, India is now the United States' eighth-largest trading partner in goods and services.
(with PTI inputs)
Posted By: James Kuanal