Donald Trump Hails 'Historic' India-US Trade Deal: Predicts Massive Surge In American Coal Exports

Описание: US President Donald Trump has described the recently concluded trade agreement with India as a 'historic trade deal', highlighting its potential to significantly increase American coal exports. Speaking at a White House event, Trump stated, 'In just the past few months, we've made historic trade deals with Japan, Korea, India, and others to increase our coal exports dramatically.' He emphasised that the United States has become the world's leading energy producer and is transitioning into a massive energy exporter. The interim deal follows a period of trade tensions and involves reciprocal tariff reductions, with US duties on various Indian goods dropping to 18%. India, an energy-deficient developing nation, continues to import large volumes of coal to meet its growing requirements. The agreement is viewed as a significant step in the comprehensive strategic partnership between the two nations, aimed at expanding bilateral trade which currently exceeds $200 billion.

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