India-US Trade Target
India-US trade to reach $500B by 2030; Modi pitched “MIGA” (Make India Great Again).
- Defense : US to sell F-35 jets to India, boosting military ties.
- 26/11 Case : US approved Tahawwur Rana’s extradition to India.
- Nuclear Energy : Expansion of civil nuclear cooperation.
- Visa Policy : Talks on easing US visa rules for Indians.
- Investment : US firms to increase manufacturing in India.
- Tech & AI : Strengthened ties in AI, cybersecurity, and digital trade.
- Healthcare : Collaboration in pharma, medical research, and pandemic response.
- Climate & Energy : Joint efforts on clean energy and carbon reduction.
India-US Tariff Talks: No big announcements till
📌 Trump called Indian tariffs a “big problem” but acknowledged Modi’s efforts to reduce them.
📌 US plans to bridge its trade deficit by increasing oil & gas sales to India.
📌 Sectors with high expectations, like Pharma, might see setbacks if no major tariff relief comes.
📌 Auto sector could be impacted as Trump specifically mentioned 70% tariffs on US cars—potential reductions may open doors for US automakers.
No major shocks, but some sectors may see sentiment shifts like pharma, auto, and defense.
Also Read : Nuclear Energy Stocks in Focus After ₹20,000 Crore Allocation in Union Budget 2025-26
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