Swapna Kumbar , Bengaluru - US President Donald Trump has expressed optimism about the future of India-US trade relations, claiming that Washington is now earning substantial benefits from its economic ties with New Delhi. Speaking at the White House, Trump said the trade situation had "reversed" compared to previous years and praised Prime Minister Narendra Modi as a close friend amid ongoing negotiations for a bilateral trade agreement.
Addressing reporters, Trump said that India had imposed high tariffs on American goods for years while the United States charged comparatively less. According to him, that imbalance has now changed. "We are making a lot of money with India," Trump remarked, while suggesting that the economic relationship between the two nations has become more favorable for the United States. Despite his criticism of past trade practices, Trump struck a positive tone regarding future cooperation and indicated that both countries are moving closer to a mutually beneficial trade deal.
Trump also spoke warmly about Prime Minister Narendra Modi, describing him as "a good friend" and emphasizing the strong personal relationship between the two leaders. His comments came shortly after a four-day round of trade negotiations between Indian and US officials in New Delhi. The discussions covered market access, customs procedures, non-tariff barriers, trade facilitation, and economic cooperation. Both sides have reportedly reaffirmed their commitment to concluding an agreement that would strengthen bilateral trade and investment ties.
Trump's remarks highlight the growing importance of India-US economic relations at a time when both nations are seeking deeper strategic and commercial cooperation. With trade talks progressing and both leaders expressing confidence in the partnership, expectations are rising that a new agreement could further boost investment, trade flows, and economic collaboration between the world's two largest democracies.
President Trump warned that Iran may be rebuilding its nuclear programme at a new underground site, as U.S.-Iran talks continue amid concerns over Tehran’s nuclear activities.
Oil prices edged higher after a cargo ship was attacked near the Strait of Hormuz, renewing concerns over global energy supplies and shipping security.
The death toll from Venezuela’s devastating twin earthquakes has risen to 235, with thousands still missing as rescue teams continue searching for survivors.
Iran has demanded a full Israeli withdrawal from Lebanon, while U.S. Secretary of State Marco Rubio said Washington remains open to peace with Iran if regional security interests are protected.
At least 164 people have died and 971 have been injured after powerful twin earthquakes struck Venezuela, triggering a state of emergency and a major international relief effort.
At least 32 people have died and more than 700 have been injured after powerful twin earthquakes struck Venezuela, triggering a state of emergency and international offers of aid.
Venezuela has declared a state of emergency after twin earthquakes killed at least 32 people, causing building collapses, injuries, and widespread disruption across affected regions.
Iran has warned that ships entering the Strait of Hormuz without authorization could face action, raising concerns over shipping security and global energy supplies in the Gulf region.
Venezuela has declared a state of emergency after twin powerful earthquakes struck near its Caribbean coast, causing building collapses, widespread panic, and ongoing aftershocks.
Indian refiners are expected to remain cautious despite a temporary U.S. sanctions waiver on Iranian oil, citing concerns over payments, shipping, insurance, and regulatory risks.
Iran has hailed the U.S.-Iran agreement as a victory for Tehran, while U.S. Secretary of State Marco Rubio tours Gulf nations to reassure allies about the fragile regional peace framework.
Iranian President Pezeshkian said Tehran’s missile and deterrence capabilities are non-negotiable, signaling that any future deal with the U.S. will not include restrictions on Iran’s defense program.
President Trump criticized Keir Starmer following his resignation announcement, linking the move to disagreements over energy, immigration, and broader policy decisions.
The U.S. Senate approved a War Powers resolution seeking to limit military action against Iran without congressional approval, marking a significant political setback for President Trump.
India is helping build Mongolia’s first oil refinery through a $1.7 billion project, a major step toward boosting Mongolia’s energy security and strengthening bilateral ties.
Ghaziabad Murder Accused Killed in Police Encounter
Hopes for a breakthrough in US-Iran negotiations were put on hold after Presiden...
DK Shivakumar Set to Take Oath as Karnataka Chief Minister on June 3
Sehwag Trolls Sai Sudharsan After Back-to-Back Hit-Wicket Dismissals in IPL Play...
India has confirmed signing a BrahMos missile agreement with Vietnam, marking a...