India-US Aim for $500 Billion Trade by 2030: Modi-Trump Summit Sets Ambitious Goals

In a landmark meeting, Indian Prime Minister Narendra Modi and US President Donald Trump announced plans to more than double bilateral trade to $500 billion by 2030. The leaders discussed key areas of cooperation, including energy, defense, and technology. Trump highlighted potential military sales to India, including F-35 fighter jets, while Modi emphasized collaboration in AI and semiconductors. The summit also addressed trade imbalances, with Trump announcing a new reciprocal tariff policy. Both nations committed to finalizing a mutually beneficial trade agreement soon, signaling a new era in India-US economic relations.

 

Sources: Reuters, NDTV, Economic Times