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TRANSCRIPT: Trump Hosts a Press Conference with PM Modi

Read the full transcript of President Donald Trump’s joint news conference with Indian Prime Minister Narenda Modi at the Oval Office Thursday, Feb 13, 2025.  

Listen to the audio version here:

TRANSCRIPT:

Opening Remarks

DONALD TRUMP: Thank you very much. Thank you very much, please. Great honor. I’m thrilled to welcome the Prime Minister of India, my friend, Narendra Modi, back to the White House. We spent a lot of time here and a lot of time in India, and he’s a very special man. Prime Minister, it is a pleasure to extend to you the same hospitality that you showed Melania and myself when we traveled to your beautiful country five years ago.

It’s hard to believe so long ago, and it seemed like yesterday. It was beautiful. We opened the cricket stadium, 129,000 seats, I think the largest stadium in the world, and it was an incredible period of time. There is truly a special bond between the United States and India, and the world’s oldest democracy and the world’s largest democracy, and I believe the world’s largest country in terms of the numbers of people.

Today, the Prime Minister and I are announcing a framework to strengthen those ties even further economically, and the U.S.-India compact for the 21st century is a historic initiative that will deepen every aspect of our partnership and our friendship.

Starting this year, we’ll be increasing military sales to India by many billions of dollars. We’re also paving the way to ultimately provide India with the F-35 stealth fighters.

In 2017, my administration revived and reinvigorated the Quad Security Partnership. In our meeting today, the Prime Minister and I reaffirmed that strong cooperation among the United States, India, Australia, and Japan, and it’s crucial, really, to maintaining peace and prosperity, tranquility even in the Indo-Pacific.

In addition, the United States and India will be working together like never before to confront the threat of radical Islamic terrorism, a threat all over the world, actually. Today, I’m pleased to announce that my administration has approved the extradition of one of the plotters and one of the very evil people of the world, and having to do with the horrific 2008 Mumbai terrorist attack, to face justice in India.

So he’s going to be going back to India to face justice. As we deepen our defense partnership, we’ll also strengthen our economic ties and bring greater fairness and reciprocity to our trading relationship. As a signal of good faith, Prime Minister Modi recently announced the reductions to India’s unfair, very strong tariffs that limit U.S. access into the Indian market very strongly.

And really, it’s a big problem, I must say. India imposes a 30 to 40 to 60 and even 70 percent tariff on so many of the goods, and in some cases far more than that. And as an example, a 70 percent tariff on U.S. cars going into India, which makes it pretty much impossible to sell those cars. Today, the U.S. trade deficit with India is almost $100 billion.

And Prime Minister Modi and I have agreed that we’ll begin negotiations to address the long-running disparities that should have been taken care of over the last four years, but they didn’t do that. In the U.S.-India trading relationship, with the goal of signing an agreement, and we want — really, we want a certain level playing field, which we really think we’re entitled to.

And he does also, in fairness, so we’re going to work on that very hard. We can make up the difference very easily with the deficit — with the sale of oil and gas, LNG, of which we have more than anybody in the world. The Prime Minister and I also reached an important agreement on energy that will restore the United States as a leading supplier of oil and gas to India. It will be, hopefully, their number one supplier.

And the groundbreaking development for U.S. nuclear industry, India is also reforming its laws to welcome U.S. nuclear technology, which is at the highest level, into the Indian market. This will bring safe, clean, and affordable electricity to millions of Indians and tens of billions of dollars to the U.S. civilian nuclear industry in India.

And under the framework we are announcing today, the United States and India are also joining forces to ensure that artificial intelligence and other advanced technologies are developed by the two of the most advanced nations intellectually and otherwise technologically anywhere in the world. There’s nobody very much closer. We have an incredible relationship there, and those are — this is where it seems to be heading.

And artificial intelligence — complex — a very complex subject, but it seems to be where people want to be and they want to go. And we’re leading right now by a lot, but other people will try to catch us. I don’t know if they’re going to be able to. We’re going to make it available. We’re going to make tremendous amounts of electricity available. We’re going to let the people that are buying the electricity make their own electric plants — electric generation plants.

And we’ve never done this in our country, but we’re going to get it done very quickly. Lee Zeldin and his group are going to get the approvals in very rapid form. And we’re calling it a national emergency, and that’s exactly what it is.

So we’re going to be — we’re going to remain at the top of the AI, or artificial intelligence, I think, for a long time to come. And we’re going to be working very closely with India and other countries on that. But right now, we’re the leader by quite a bit.

Finally, we agreed to work together to help build one of the greatest trade routes in all of history. It will run from India to Israel to Italy and onward to the United States, connecting our partners by ports, railways, and undersea cables — many, many undersea cables. It’s a big — it’s a big development.