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Washington DC [US], February 4 :
United States Republican Party leader and former US President Donald Trump and Indian Prime Minister Narendra Modi “share a very good relationship,” the White House said on Wednesday as it hailed a new trade agreement between the US and India.
White House Press Secretary Karoline Leavitt noted that the deal grew out of direct talks between the two leaders and will strengthen economic ties between Washington and New Delhi.
New Trade Agreement With Energy and Investment Focus
Leavitt said Prime Minister Modi agreed to end purchases of Russian oil and instead boost imports of energy products from the United States, and possibly from Venezuela — a move the US says will benefit American producers and consumers alike.
She added that Modi also committed to USD 500 billion in Indian investments across key sectors in the US, including transportation, energy, and agriculture, calling it a “great trade deal” driven by strong bilateral cooperation.
Leavitt emphasised that President Trump’s tariff policies have helped stimulate the American manufacturing sector and attract foreign investment, creating jobs and expanding factories across the United States.
Broader Economic and Strategic Impacts
The announcement came alongside remarks from Indian officials affirming India’s priorities, including protection of sensitive agricultural sectors within its economy as part of any trade pact.
While the White House framed the agreement as a key step forward in US–India economic relations, analysts note that some details, especially on energy and tariffs, are being refined as both sides aim to balance domestic priorities with broader strategic goals.
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