On Friday, February 14, 2025, at 5 AM, IST, Prime Minister Narendra Modi and newly elected US President Donald Trump concluded their bilateral meeting at the White House, discussing, defence, tariffs, immigration and other important matters. In this read, we will have a look at the key highlights of the bilateral meeting between Prime Minister Narendra Modi and President Donald Trump
US President Donald Trump announced plans to substantially increase military sales to India starting in 2025, with the F-35 stealth fighter jets potentially being a pivotal part of this expansion. “We’ll be ramping up military sales to India by billions of dollars,” Trump said, highlighting the US’s efforts to facilitate India’s acquisition of the advanced F-35 jets.
Although Trump didn’t offer a specific timeline, such deals generally take years to finalise due to the complexity of foreign military sales, especially when dealing with cutting-edge technology like the F-35.
President Donald Trump has instructed his administration to evaluate the imposition of reciprocal tariffs on various trading partners, aiming to challenge a global trade system that he believes disproportionately benefits other nations over the US.
This approach involves a detailed review by the US Trade Representative and Commerce Secretary, with new tariff proposals expected to rebalance trade relations over the coming weeks or months. India, in particular, could face significant consequences from these reciprocal tariffs.
In response to the deportation of 104 Indian illegal immigrants, with more expected, Prime Minister Modi stated that India is prepared to take back “verified illegals” but emphasized the need to combat human trafficking networks.
During a meeting at the White House, Prime Minister Modi clarified India’s stance on the Russia-Ukraine conflict, asserting, “India is not neutral in this war, but India stands with peace.” This statement reflects India’s delicate diplomatic balance, maintaining ties with both Russia and the West while advocating for a peaceful resolution. Modi also emphasized India’s commitment to the principles of territorial integrity and sovereignty, as well as its concern for the humanitarian impact of the war.
US President Donald Trump has approved the extradition of Tahawwur Rana, a key suspect in the 2008 Mumbai terror attacks, to face justice in India. Trump made this announcement during a joint press briefing with Prime Minister Modi at the White House, affirming that the US is “handing over a very violent man” to India immediately. Rana, a Pakistani-origin businessman, was arrested in the US less than a year after the Mumbai attacks and sentenced to 14 years for his involvement in a conspiracy to support a terror plot in Denmark.
Prime Minister Modi deflected a question about billionaire Gautam Adani during a press conference with US President Trump, saying, “Two heads of state do not discuss individuals.” This remark comes amid controversy surrounding Adani, who has been accused by US prosecutors of bribing Indian officials to secure favourable solar power contracts.
Trump highlighted India’s increased purchase of US oil and gas, emphasising the strengthening of strategic energy ties. Both leaders reaffirmed their commitment to the Quad alliance with Australia and Japan to ensure regional stability.
During his official visit to the US, Prime Minister Modi introduced his vision for “Make India Great Again” (MIGA), drawing inspiration from President Trump’s “Make America Great Again” (MAGA) slogan.
In a joint press conference, Modi emphasised the significance of economic collaboration, with both leaders agreeing to double bilateral trade to $500 billion by 2030, up from the current $129.2 billion in 2024, solidifying the US as India’s largest trading partner.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Feb 14, 2025, 9:23 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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