Modi praises Trump during tariff negotiations for India

economictimes.indiatimes.com

As the April 2 deadline for Donald Trump's tariffs approaches, India and China are adopting different strategies. China is implementing economic stimulus to boost domestic consumption, while India is diversifying exports and exploring digital trade. Prime Minister Narendra Modi has praised Trump, highlighting their ongoing negotiations for a phased trade deal by 2025. Both leaders aim to resolve tariff disputes and increase two-way trade to $500 billion by 2030. India is focusing on expanding its manufacturing and signing Free Trade Agreements to strengthen its global position. Meanwhile, China is shifting from export reliance to domestic growth in response to the tariffs.


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