PM Modi-Trump Meet: $500 Billion Trade Target, F-35 Jets, Tariffs Take Centre Stage

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According to the report, Indian Prime Minister Narendra Modi and US President Donald Trump held bilateral talks in Washington, DC to discuss key issues shaping India-US relations.

The report said that Trump hugged Modi and welcomed the Indian leader to the White House, saying "We Missed You A Lot". Trade, Immigration, and defense cooperation took center stage, with Trump announcing plans to sell F-35 fighter jets to India.

The report added that both leaders aim to double bilateral trade to $500 billion, with India agreeing to import more US oil and gas. However, Trump raised concerns over India’s high tariffs on American automobiles, tying it to his new reciprocal tariff policy, which could impact future trade. Modi’s visit followed his participation in an AI summit in Paris

With Trump's session and recent economic shifts, the markets face volatility, especially amid potential rate cuts and tighter bank lending. This environment highlights the importance of a diversified portfolio with stocks and cryptocurrencies to hedge risks. Bitcoin's recent surge to over $98k underlines its role as a resilient asset. India might soon advocate fully Crypto and Bitcoins as the means of solving economic crises in their country.


Watch the report via the YT link.

 
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