Last Updated Jul - 08 - 2025, 10:46 AM | Source : Fela News
Trump signals a near trade deal with India while proposing fresh tariffs on 14 countries, highlighting deeper global economic shifts and positioning India as a
Former U.S. President and 2024 Republican nominee Donald Trump has stirred global headlines by declaring that he is close to finalizing a trade deal with India. His remarks have sparked optimism among business communities in both countries, especially as India continues to emerge as a vital player in global trade. Trump, known for his strong nationalist economic stance, hinted at India being a crucial partner in his future economic strategy.
With this, Trump has indicated that if they come to power again, new charges can be imposed on goods coming from 14 other countries. This indicates a major change in the way America acts with global trading partners. These proposed fees will be levied with the aim of promoting American manufacturing and improving long -standing business imbalances. Although this step can cause tension with some countries, it also provides an opportunity to emerge as a better trading ally for countries like India.
Trump also emphasized his personal rapport with Prime Minister Narendra Modi, underlining the potential for a smoother path to a long-lasting trade relationship. For Indian businesses, this could mean greater access to American markets and more room for collaborative innovation across tech, pharmaceuticals, and agriculture.
However, this development also highlights deep changes in the global economic system. If the US limits trade relations with many countries, changes in supply chains and investment flows can be seen in the world. It is also an opportunity for India and a challenge - which will need to be handled with strategic dialogue and proper preparation.
As the 2024 US elections are getting closer, Trump's statements are being closely monitored. Whether or not this trade agreement is really or not, their statements have already given air to discussions about India's global economic role.
Jul - 08 - 2025
Jul - 08 - 2025
