President Trump optimistic about trade with India, says 'tariffs are going to work out well'
PTC News Desk: Highlighting a positive outlook for the India-US tariff talks, President Donald Trump said 'tariffs are going to work out well between New Delhi and the Washington, DC,' expecting a favorable outcome.
While answering questions during an Interaction with reporters at the swearing-in ceremony of the US attorney for New Jersey, Alina Habba, on Friday , Trump praised Prime Minister Narendra Modi, referring to him as a "very smart man" and a "great friend."
Trump said, "Prime Minister Modi was here just recently, and we've always been very good friends."
He added, "India is one of the highest tariffing nations in the world... They're very smart. He (PM Modi) is a very smart man and a great friend of mine. We had very good talks. I think it's going to work out very well between India and our country. And I want to say you have a great prime minister."
This week, Trump made a major policy announcement from the Oval Office by declaring a 25 per cent tariff on all imported vehicles entering the United States, a move he described as "very exciting" for domestic manufacturing.
The tariffs, set to take effect on April 2, will impact nearly half of all vehicles sold in the United States, including American brands assembled overseas. The wide-ranging measure aims to incentivise car manufacturers to establish more production facilities within US borders.
- ANI
