Trump-Modi "Very Good Relationship" Seals US-India Oil & Trade Deal

White House Press Secretary Karoline Leavitt highlighted a major US-India trade deal, noting the strong personal relationship between President Donald Trump and Prime Minister Narendra Modi. She stated India committed to stop purchasing Russian oil and instead buy American, and possibly Venezuelan, energy supplies. Additionally, India pledged $500 billion in investments into the United States across transportation, energy, and agriculture. The deal is framed as a win for American manufacturing and jobs, while Indian officials note protections for sensitive sectors like agriculture and dairy.

Key Points: US-India Deal: Trump & Modi's "Good Relationship" Halts Russian Oil

  • India to halt Russian oil purchases
  • $500B Indian investment in US pledged
  • Deal covers energy, transport, agriculture
  • Trump tariffs praised for US jobs
  • Sensitive Indian farm sectors protected
2 min read

Trump, PM Modi "share a very good relationship": White House Press Secy

White House says Modi agreed to stop buying Russian oil, invest $500B in US, and purchase American energy after Trump's "great trade deal."

"They share a very good relationship. India committed to... buying oil from the United States - Karoline Leavitt"

Washington DC, February 4

US White House Press Secretary Karoline Leavitt on Wednesday noted the US-India deal and the cordial relationship shared by US President Donald Trump and Prime Minister Narendra Modi.

Leavitt claimed that PM Modi had agreed to stop purchases of Russian oil and instead buy it from the US and probably Venezuela.

"Our manufacturing sector is obviously something the president cares deeply about. That's why he's so determined and dedicated to his tariff policy which as you all saw yesterday the President struck another great trade deal with India. He spoke with Prime Minister Modi directly. They share a very good relationship. India committed to not only no longer purchasing Russian oil but buying oil from the United States also perhaps from Venezuela too which we know will now have a direct benefit on the United States and the American people. And in addition to that, Prime Minister Modi committed to $500 billion dollars of investments into the United States, including for transportation, for energy, and for agricultural products as well. So, this is another great trade deal thanks to President," she told reporters.

Leavitt said that Trump's tariffs are pumping cash into the American economy.

"Well, the president's tariffs are working and his economic agenda is working. When you combine tariffs and restoring American manufacturing and investments in this country, which the president has played a huge role in directly recruiting those investments from countries and companies all over the world to the United States, you're creating jobs. We've seen construction jobs have surged in the past few months," she said.

"That's because those factories are being built right here in the United States and we're putting Americans to work," she added.

Earlier on Tuesday, Commerce and Industry Minister Piyush Goyal said Prime Minister Narendra Modi has always championed the agriculture and dairy sectors, safeguarding their interests and noted the sensitive factors of India's economy, particularly agriculture and dairy, have been protected in the India-US trade deal.

- ANI

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Reader Comments

P
Priya S
I hope this deal truly protects our farmers and dairy sector as Minister Goyal said. Our agriculture is not just an economy, it's our livelihood. Any trade agreement must put Indian interests first, especially for our annadatas.
R
Rohit P
Buying oil from the US and Venezuela instead of Russia? Will this not increase our fuel costs significantly? The common man is already struggling with petrol prices. The government needs to ensure this doesn't lead to another price hike.
S
Sarah B
Interesting to see the focus from the US side is all about "direct benefit on the United States." While the relationship seems good, we must be cautious and ensure it's a two-way street. $500 billion is a massive investment commitment from India.
V
Vikram M
Strong leadership from PM Modi. In today's world, you need good personal equations between leaders to get deals done. This seems like a win for diplomatic relations. Hoping the details on energy and agriculture work out for our benefit too.
K
Karthik V
With respect, I have to question the optics. The White House spokesperson is framing this entirely as an American victory—their jobs, their oil sales. We need more transparency on what *India* gains concretely from this "great trade deal," beyond diplomatic goodwill.

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