Brief by Shorts91NewsDesk / 12:54pm on 02 May 2025,Friday India Global
During his diplomatic visit to India, U.S. Vice President JD Vance announced that a bilateral trade deal is nearing finalization, calling Prime Minister Narendra Modi a “tough negotiator.” The deal is aimed at rebalancing the trade relationship and preventing the imposition of reciprocal tariffs by the U.S. under President Trump’s policy direction. Vance claimed India had previously benefited disproportionately and welcomed India’s unprecedented concessions, including a most-favored-nation clause. He emphasized the importance of deepening U.S.-India strategic and economic ties, signaling stronger cooperation ahead in areas like trade, technology, and defense. (PC: PTI)