4.8 • 1.7K Ratings
🗓️ 22 April 2025
⏱️ 12 minutes
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As Trump targets China with heavy tariffs, the U.S. shifts its focus to India. A new trade agreement between the U.S. and India sends positive signals to the markets. Meanwhile, Chinese factories are shutting down and U.S. small businesses feel the heat. Can India become the next global powerhouse?
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0:00.0 | What the president and the administration is doing, which is the right thing to do, |
0:04.4 | is they're saying, look, you can take your time all you want. |
0:08.0 | We're going to the one country that you probably don't want to see be the next China, which is India. |
0:14.4 | Okay. |
0:14.9 | And here's what just happened. |
0:16.2 | This is how long ago, Rob. |
0:17.1 | Was it this morning? |
0:18.5 | Yeah, I think so. |
0:19.8 | Yeah, April 22nd, 8.03 a.m. |
0:22.0 | Go for it. |
0:22.7 | Go forward. |
0:23.0 | Watch this, folks. |
0:24.5 | As many of you aware, both of our governments are hard at work on a trade agreement built on shared priorities, |
0:31.4 | like creating new jobs, building durable supply chains, and achieving prosperity for our workers. |
0:43.3 | In our meeting yesterday, Prime Minister Modi and I made very good progress on all of those points. And we were especially excited to formally announce that America and India have officially finalized the terms of reference for the trade negotiation. |
0:52.3 | I think this is a vital step. |
0:55.0 | Thank you. |
0:57.0 | I believe this is a vital step toward realizing President Trump's and Prime Minister Modi's vision |
1:06.0 | because it sets a roadmap toward a final deal between our nations. As many of you are aware, Tom, how important is this? |
1:14.1 | Excuse me? |
1:14.6 | How important is this? |
1:15.6 | This is really important because I think what he's saying when he says the points of reference, |
... |
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