Vice President JD Vance and Second Lady Usha Vance will visit India later this month. This marks JD Vance’s second foreign trip and Usha Vance’s first visit to her ancestral homeland. The trip comes amid ongoing tariff negotiations between India and the US, with India advocating for free trade.
United States Vice President JD Vance and Second Lady Usha Vance are scheduled to visit India later this month, as reported by Politico. This trip will be JD Vance’s second international journey as vice president, while it will be Usha Vance’s inaugural visit to her ancestral homeland. Previously, JD Vance conducted official visits to France and Germany last month.
Their trip to India comes amidst President Donald Trump’s tariff threats. Recently, Trump claimed that India had agreed to significantly reduce its tariffs; however, the Indian government has stated that no formal commitment has been made regarding the reduction of import duties on US goods.
Commerce Secretary Sunil Barthwal informed a Parliamentary committee that negotiations about trade tariffs between India and the United States are ongoing, with no agreement reached yet. He emphasized India’s support for free trade and highlighted that trade liberalization would enhance bilateral commerce. Barthwal further noted, “Tariff war does not help anyone, including the US, and can lead to a recession.”
Furthermore, sources indicated that India is inclined to finalize a mutually beneficial trade agreement with the United States, seeking to fortify the economic relationship between the two nations.
To stay updated with the latest business and breaking news, interested individuals are encouraged to download The Mint News App for daily market updates.
In conclusion, Vice President JD Vance and Second Lady Usha Vance will make their upcoming visit to India this month, which is significant for both. Their trip coincides with ongoing negotiations regarding trade tariffs, where India seeks to promote free trade despite the looming tariff threats from the US. The dialogue aims to foster a mutually beneficial agreement that strengthens economic ties between the two nations.
Original Source: www.livemint.com
