US, India seek trade reset as Trump meets Modi
US, India Eye Trade Reset as Trump Plans Talks with Modi
WASHINGTON/NEW DELHI, Sept 9 (Reuters) – U.S. President Donald Trump said on Tuesday that his administration is continuing negotiations with India to resolve long-standing trade barriers and that he plans to speak with Prime Minister Narendra Modi soon. The move signals that a much-awaited deal could be on the horizon after weeks of diplomatic friction between the two countries.
“I feel certain that there will be no difficulty in coming to a successful conclusion for both of our Great Countries,” he wrote in a social media post. He added that he looked forward to his upcoming talks with Modi, which he suggested could take place in the coming weeks.
The positive remarks from both leaders had an immediate impact on Indian markets. Investor sentiment strengthened, with India’s benchmark shares rising more than 0.5 percent following the statements. Analysts said the uptick reflected hopes that a resolution could ease tensions and open the door to expanded economic cooperation.
The trade rift has been one of the sticking points in U.S.-India relations in recent months. Washington has frequently raised concerns about tariffs and market restrictions, while New Delhi has defended its policies as necessary to protect domestic industries. The latest comments from Trump and Modi suggest that both governments are now prepared to bridge those differences.
At the same time, the talks are taking place against a backdrop of shifting geopolitical dynamics. Images of him holding hands with Russian President Vladimir Putin during the visit highlighted India’s efforts to balance its global relationships amid growing uncertainty.
Even so, the renewed engagement between Washington and New Delhi is being closely watched. For both leaders, a trade deal could not only boost economic ties but also demonstrate their ability to navigate complex international challenges while keeping domestic priorities in focus.