Prime Minister Narendra Modi and US President Donald Trump discussed the reciprocal tariff announced by the US on Sunday in detail. The leaders decided to address the issue and work together to devise a mutually beneficial deal, sources said.
The Prime Minister held detailed discussions with Trump on concerns from both sides regarding market access and issues arising from other territories with overcapacity that exploit consumption in countries like India and the US, the sources added. They explored ways to address these challenges in a broader context and instructed their teams to collaborate on formulating a mutually beneficial trade deal, aiming to finalise the agreement later this year, the sources added.