Modi-Trump Meeting: अगले कुछ घंटों में भारत के प्रधानमंत्री नरेंद्र मोदी अमेरिका में होंगे. उससे पहले ही ‘ट्रंप टैरिफ का तोड़’(Tariff) भारत की सरकार ने निकाल लिया है. जिसके बाद शेयर बाजार(Share Market) बम-बम हो सकता है. जी हां, भारत सरकार अमेरिका और ट्रंप को मनाने और टैरिफ वॉर से खुद को बचाने के लिए भारत अमेरिका 30 से ज्यादा प्रोडक्ट्स पर से Import Duty कम करने का प्लान बना रहा है.
#ModiUSVisit #ModiTrumpMeeting #IndiaUSRelations #TradeTalks #DefensePartnership #EnergyCooperation #TariffNegotiations #ImmigrationPolicy #TechCollaboration
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~HT.97~PR.384~ED.148~GR.122~
#ModiUSVisit #ModiTrumpMeeting #IndiaUSRelations #TradeTalks #DefensePartnership #EnergyCooperation #TariffNegotiations #ImmigrationPolicy #TechCollaboration
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~HT.97~PR.384~ED.148~GR.122~
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NewsTranscript
00:00Today, India's Prime Minister Narendra Modi will be in America and will meet Donald Trump.
00:09Before that, the government of India has removed the Trump tariff, after which the share market can swing.
00:16Yes, the Indian government is planning to reduce import duty by more than 30 products per day to convince America and Trump and save itself from tariffs.
00:27If this happens, then Donald Trump's government can stop thinking of imposing tariffs on India, which will benefit India.
00:34At the same time, India's share market can also get a breath of relief.
00:38America's officials and Donald Trump have given India the status of Tariff King.
00:42India imposes a little more tariffs on imported goods than other countries in the world.
00:49Trump has said before that if India does not reduce its tariffs, it will have to face tariffs equally.
00:56Apart from this, India will also have to buy goods and energy products related to defense from America.
01:02So let's tell you what kind of preparations India is making on this front.
01:08According to a report by Nomura, India is considering reducing tariffs on more than 30 products to stop high tariffs from the United States and increasing its purchase of American defense and energy products.
01:23The report highlights that India is working with America to avoid any kind of trade war.
01:30In its recent central budget, the government has reduced import duty on electronics, clothes, and high-end motorcycles.
01:38Apart from this, India has also taken steps to strengthen political relations with America, such as agreeing to bring back more than 100 illegal Indians.
01:51Now India is considering tariff cuts on luxury vehicles, solar cells, and chemicals as part of its strategy to keep trade relations positive.
02:02Nomura has said that India is considering reducing tariffs on more than 30 products and is preparing to increase its purchase of American defense and energy.
02:12It has also been said in the report that if India does not reduce high tariffs on American products, then America can impose equal tariffs on Indian exports.
02:22It has been reported in the report that India has higher tariff rates than other countries, which makes it a little more active in its response.
02:32America is India's largest export destination, which accounts for about 18% of total exports, which was about 2.2% of India's domestic output in the financial year 2024.
02:45India's trade surplus with the United States is increasing in recent years, which has reached about $38 billion in 2024.
02:54America includes industrial machinery, jewellery, jewellery, pharmaceuticals, iron, iron and spark, cloth, vehicles and chemical in its major Indian exports.
03:04Trump had previously called India a tariff king and had emphasized the need for more American-made safety equipment by India.
03:12In recent discussions with PM Modi, he emphasized fair bilateral trade relations and said in the report that India is looking for ways to reach an agreement with the United States to prevent high tariffs.
03:25India is also considering strengthening economic ties with Washington and attracting more American supply chains for operational establishment.
03:35On Friday, PM Modi is expected to meet President Trump in Washington to discuss tariffs and trade, where many countries, including the European Union, have decided to respond to America's tariff policy.
03:48On the other hand, India has taken a completely opposite approach. India is planning to reduce its tariffs and remove itself from the tariff war with the United States.
03:58If the tariff war between the two countries is removed, America's investment in India will be of great benefit to India in other places.
04:07In addition, there may be a loss that will have to be reduced in tariffs.
04:11And because of this, there will be a positive sentiment in the share market and the direction of foreign investors will once again be seen towards India.
04:20So what is your opinion on this whole news?
04:22Give us your opinion in the comment box and keep watching Good Returns for such updates.
04:26Don't forget to like and subscribe to our channel.