India does not expect greater impact from Donald Trump’s mutual tariffs: sources
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India does not expect greater impact from Donald Trump’s mutual tariffs: sources

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Modi-Trump Meet: Tarifler is expected to be on the table when the two world leaders meet in the White House during PM Modi’s two-day visits to the United States.

PM Modi US Visit Live updates: US President Donald Trump holds a bilateral meeting with Prime Minister Narendra Modi. (Image: Reuters -File)

PM Modi US Visit Live updates: US President Donald Trump holds a bilateral meeting with Prime Minister Narendra Modi. (Image: Reuters -File)

India does not expect a major impact from US President Donald Trump’s unannounced announcement of mutual customs duties, sources told us CNBC-TV18.

Trump wrote on Thursday a Cryptic Social Media Post Just a few hours before his scheduled meeting with Prime Minister Narendra Modi in Washington DC. In The Post On Truth Social, Trump wrote: “Three fantastic weeks, maybe the best ever, but today is the big: Mutual customs customs !!! Make America good again !!! “

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Customs are expected to be discussed between the two leaders during the meeting in the White House. Trump’s service comes after the US president, not yet a month into his presidency, has exercised the threat of customs against both friend and enemy to try to obtain new trade agreements, investments or law enforcement assistance.

According to the news agency PTIPeople who carefully track the India-USA bands said that there is a possibility that both sides investigate the possibility of looking at a trading pact to avoid high customs and expand the total trading. It is taught that New Delhi may consider cutting customs into at least a dozen sectors that gave a certain reciprocity of the White House.

On several occasions, Trump has said that he is planning to implement mutual customs duties on countries to match US import duties with the tax rates introduced by other countries.

Read more: New US customs in India? Trump’s cryptic Post Sparks Speculation before Meet with PM Modi

Following the bilateral meeting, India and the United States are likely to announce a roadmap for a strong trading pact in sectors such as trade, investment, energy, defense, technology and immigration, says sources, adding that both countries could announce a trade in autumn from the autumn of 2025.

In addition, India is expected to give more access to US industrial goods and in return it can seek more access to labor -intensive manufacturing products in America.

According to the sources, the extra tariffs in Canadian and Mexican goods have in a way opened an opportunity for India.

Prior to the Modi-Trump meeting, an official in the White House said that India’s early body language and modest steps towards reducing the trade deficit are welcomed by the United States.

Read more: Tariffs, immigration, defense: what is on Agenda as Prime Minister Modi arrives at two-day American visits

The official further suggested that the two world leaders would sign a new defense frame today. He said that conversations about new defense procurement have been positive and will reduce the trade deficit.

PM Modi in the United States

On Thursday, PM Modi arrived at Washington DC on a two-day visit to hold high efforts with President Trump. During his two -day visit to the United States, PM Modi and Trump will hold high efforts and bilateral discussions in the White House. They are both expected to meet at. 2.35 (ist) and will deal with a press meeting of 3.40 am (ist).

Modi is also expected to meet technical billionaire Elon Musk, with discussions that are likely to include Starlinks long delayed entry into the Indian market, Reutants Reported, with reference to sources that are familiar with the plans.

News India India does not expect greater impact from Donald Trump’s mutual tariffs: sources