Modi-Vance Summit: India-US Trade Talks Under the Microscope
Prime Minister Narendra Modi and US Vice-President JD Vance held a significant meeting on April 21, 2025, to assess the progress of ongoing India-US bilateral trade negotiations. The talks, now a month underway, are crucial for both nations.
The discussion comes against the backdrop of recent US trade policy shifts. US President Donald Trump’s recent imposition, and subsequent pausing, of sweeping tariffs on numerous countries, including India, cast a long shadow over the negotiations.
The outcome of these talks will significantly impact India’s economic growth and its global trade relationships. The potential for increased market access for Indian goods in the US is a key consideration. Conversely, the impact on Indian consumers through potential tariff changes remains a point of focus.
The success or failure of these negotiations will have a ripple effect across several sectors of the Indian economy, influencing everything from agricultural exports to the IT industry. The coming weeks will be crucial in determining the future trajectory of this vital bilateral relationship.
