Finally, he arrived in the Indian capital, where he is scheduled to hold one-to-one meeting with Prime Minister Modi and delegation-level talks with the Indian leadership.
Both sides are expected to sign several key pacts, including the defence deals worth over 3 billion U.S. dollars, and Memorandums of Understanding (MoUs) in various areas.
India had expected to sign a major trade deal during Trump's visit. However, a couple of days ago Trump had ruled it out, saying "We can have a trade deal with India, but I'm really saving the big deal for later on. We're doing a very big trade deal with India. We'll have it. I don't know if it'll be done before the election, but we'll have a very big deal with India."
Trump had been pushing India to lower its tariffs on American goods and allow more U.S. exports, as his country had been having a trade deficit with India. Last year, the United States had a trade deficit of 23.2 billion U.S. dollars goods with India, its nine largest trading partner in goods.
Since Trump took office in 2017, long-standing trade differences between the two sides have come to the fore, with Trump calling India the "tariff king." In his speech at the Motera Stadium, Trump described Modi as a "tough negotiator."
In recent years, the two sides have tussled over everything from tariffs on farm goods to Harley Davidson motorbikes and price caps on medical devices.
【国际英语资讯:Trump arrives in New Delhi for key talks with Modi】相关文章:
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