We’re not treated very well by India: Trump Raises Doubt on Trade Deal Ahead Of His Visit
US President Donald Trump has said that his country is not treated well by India when it comes to trade ties.
“We’re not treated very well by India,” Trump told reporters at Joint Base Andrews in the US on Tuesday afternoon (local time). But he praised Prime Minister Narendra Modi and said he is looking forward to his visit to India.
“I happen to like Prime Minister Modi a lot,” said Trump who is coming to India on a two-day visit on February 24.
“He added we’ll have seven million people between the airport and the event. And the stadium, I understand, is sort of semi under construction, but it’s going to be the largest stadium in the world. So it’s going to be very exciting… I hope you all enjoy it,”.
Trump said, “We’re doing a very big trade deal with India. We’ll have it. I don’t know if it’ll be done before the election, but we’ll have a very big deal with India.”
Trump last year kicked India out of a program for developing countries that gave some Indian exports tariff-free access to the U.S. market. Officials from both sides since then have been trying to hammer out a modest agreement, which would open up India to American exports of agricultural products and medical devices in return for a restoration of India’s preferential status.
People familiar with the negotiations say they had been making progress until recent days, building expectations of an announcement during Trump’s Feb. 24-25 visit.
What the two countries could sign during Trump’s visit is a “trade package”.
The United States is India’s second-largest trade partner after China, with their goods and services trade hitting a record of $142.6 billion in 2018. While the bilateral trade between US and India is approximately 62 percent in goods and 38 percent in services, the bilateral trade between India and China is dominated by goods.