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US Media Optimistic As Modi And Trump Signal End To Trade Tensions

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US Media Optimistic As Modi And Trump Signal End To Trade Tensions

WASHINGTON, D.C- The US media on September 10 welcomed the positive exchange of messages between Prime Minister Narendra Modi and the United States President Donald Trump, expressing optimism about resolving issues on tariffs and holding negotiations to address trade barriers.

Fox Business reported the resumption of trade talks with a headline that read “Modi and Trump signal mutual optimism for US-India trade negotiations moving ahead”. The article noted “a significant shift” in ties after months of heightened trade tensions. “The exchange highlights the countries’ determination to move forward,” it noted, while adding that “unresolved disputes in agriculture, energy continue to leave negotiations at a crossroads.”

Bloomberg also published an editorial piece titled “Don’t Let Tariffs Tank the US-India Relationship,” which advocated that both nations remember where their long-term interests lie. It advised the Trump administration to keep supporting the world’s biggest democracy and a “valuable partner” in the “most vital” region.

“The White House should remember that the logic of American support for India hasn’t changed. It remains the world’s biggest democracy and a valuable partner in its most vital region. As part of the ‘Quad’ diplomatic group, along with Japan and Australia, India can play a critical role in diversifying supply chains, developing advanced technology and upholding a rules-based order against Chinese pressure. There’s no reason to exacerbate the damage by destroying a carefully cultivated relationship,” the article elaborated.

It also urged India not to be distracted by “anger” from Washington. “Neither China nor Russia is likely to provide the investment, technology transfers or access to advanced weaponry that America can. India’s first task should be to preserve and build on other elements of the US relationship – cooperation on semiconductors, quantum technology, defense production and so on – regardless of the progress of trade talks,” it added.

At the same time, Bloomberg’s Editorial Board cautioned that given the “mood swings” in Washington, there’s “no guarantee” of a deal but hoped that it will “pay dividends over time.” (IANS)

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