In a high-profile visit to New Delhi, U.S. Vice President JD Vance commended Indian Prime Minister Narendra Modi for his firm approach to trade negotiations, calling him a “respected and skilled negotiator.” The statement comes as both nations inch closer to signing a major trade agreement expected to redefine the future of U.S.-India economic cooperation.
During meetings held on April 22, 2025, the leaders discussed strategies to strengthen bilateral commerce, with a goal of reaching $500 billion in trade by 2030. Topics included reducing tariffs, encouraging tech transfer, and deepening collaboration in sectors like semiconductors, energy, and defense manufacturing.
“India is playing a vital role in global supply chains, and the United States is committed to being a partner in its economic rise,” Vance stated during a press interaction. He also emphasized that trade talks were progressing steadily and that both sides shared a vision for long-term strategic alignment.
Vance’s visit follows recent global shifts in trade alliances and economic policy adjustments in Washington. With rising tariffs on imports from other Asian economies, India is emerging as a preferred partner for high-value, tech-focused industries.
While a finalized trade deal hasn’t been announced yet, U.S. and Indian negotiators are expected to meet again this summer to work out the remaining details. Both sides are optimistic that the agreement could be signed before the end of the year.
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