Add The Wire As Your Trusted Source
For the best experience, open
https://m.thewire.in
on your mobile browser.
AdvertisementAdvertisement

Trade Discussions Continue; Trump, Modi Talk 'Pretty Frequently', Says White House

The two countries have not arrived at a trade deal yet and India continues to suffer a 50% tariff imposition on its exports, 25% of which is a 'penalty' for purchasing Russian oil. 
The two countries have not arrived at a trade deal yet and India continues to suffer a 50% tariff imposition on its exports, 25% of which is a 'penalty' for purchasing Russian oil. 
trade discussions continue  trump  modi talk  pretty frequently   says white house
File image. White House press secretary Karoline Leavitt speaks as reporters raise their hands to ask questions during a press briefing at the White House, Monday, July 7, 2025, in Washington. Photo: AP/PTI.
Advertisement

New Delhi: The White House has said that US president Donald Trump speaks "pretty frequently" with Indian prime minister Narendra Modi.

The two countries have not arrived at a trade deal yet and India continues to suffer a 50% tariff imposition on its exports, 25% of which is a "penalty" for purchasing Russian oil.

"The president and his trade team continue to be in very serious discussions with India," White House spokeswoman Karoline Leavitt told reporters on November 3. "I know the president has great respect for Prime Minister Modi, and they speak pretty frequently," she added.

Last week, the US imposed sanctions on two of Russia's biggest exporters of crude oil, Rosneft and Lukoil. The move has led refiners in India to cut imports.

Trump has continued to make claims of having used trade to bring tensions down between India and Pakistan in May. At the APEC Summit in late October, Trump said that he had used the threat of a 250% tariff imposition with Prime Minister Narendra Modi and Pakistan prime minister Shehbaz Sharif. India maintains that no foreign leader had intervened to halt Operation Sindoor.

Advertisement

Trump, at the same address, said that the US is “doing” a new trade deal with India.

Meanwhile, according to data released by the Global Trade Research Initiative, India’s exports to the United States, its biggest market, have seen a massive 37.5% decline between May and September 2025. There is a $3.3 billion difference between the value of exports in May ($8.8 billion) and September ($5.5 billion).

Advertisement

This article went live on November fifth, two thousand twenty five, at sixteen minutes past one in the afternoon.

The Wire is now on WhatsApp. Follow our channel for sharp analysis and opinions on the latest developments.

Advertisement
Advertisement
tlbr_img1 Series tlbr_img2 Columns tlbr_img3 Multimedia