United States President Donald Trump, speaking at the Asia-Pacific Economic Cooperation (APEC) Summit in Gyeongju, South Korea, on Wednesday, reaffirmed his commitment to strengthening U.S.–India economic ties, saying, “We are going to do a great trade deal with India.” The statement came as Trump praised Prime Minister Narendra Modi, describing him as “a great leader and a friend,” while outlining his administration’s broader global trade and manufacturing vision.
Focus on U.S.–India Partnership
Trump’s remarks come amid growing cooperation between Washington and New Delhi in areas such as defense, technology, and trade. He highlighted India’s rapid economic rise and strong leadership under Prime Minister Modi, adding, “I truly admire Prime Minister Modi — he’s done tremendous work for India, and we’re going to do even more together.”
The comment was met with applause at the APEC CEO Summit, where Trump addressed business leaders from across the Asia-Pacific region.
Trump’s Broader Economic Vision
Earlier in his speech, President Trump emphasized his administration’s push to make the United States “the best place on Earth to do business.”
“When you come into America, you’re going to get service like you’ve never seen before,” he said, stressing the government’s efforts to simplify regulations, speed up permits, and reward businesses that build and invest domestically.
He also reaffirmed that the U.S. will not raise interest rates, signaling support for continued economic expansion. Trump linked America’s economic growth to global stability, saying, “U.S. success leads to a stronger alliance and a thriving Indo-Pacific.”
Key Announcements During APEC Speech
In addition to the proposed India trade deal, Trump announced several key economic priorities:
- Semiconductor manufacturing is “quickly coming back to the U.S.” as part of America’s plan to secure a major share of the global chip industry.
- Shipbuilding and factory production will see “strong growth” as domestic industries revive.
- The U.S. maintains a strong partnership with South Korea, and collaboration will extend into technology and defense.
Conclusion
President Trump’s declaration of a forthcoming U.S.–India trade deal highlights a deepening strategic and economic partnership between the two nations. His praise for Prime Minister Modi and India’s economic progress underscores a shared vision for mutual growth, industrial expansion, and stronger Indo-Pacific cooperation under the evolving global trade framework.
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