US Commerce Sec On Modi-Trump Trade Talks, Tariffs & Manufacturing | India Today Conclave

In this world-exclusive conversation at the India Today Conclave 2025, U.S. Secretary of Commerce Howard Lutnick lays out the Trump administration’s vision for a broad-based trade agreement with India. Speaking to Business Today Executive Director Rahul Kanwal, Lutnick calls for lower tariffs, open agricultural markets, and a stronger U.S.-India partnership. He emphasizes President Trump’s "reciprocal trade" approach, urging India to reduce barriers for American goods in exchange for greater economic opportunities. Lutnick also discusses on-shoring U.S. manufacturing, highlighting sectors like autos, semiconductors, and pharmaceuticals where Trump wants to boost domestic production—even if it means imposing 25% tariffs on foreign imports. The conversation also touches on India's military ties with Russia and its role in BRICS, with Lutnick stating that closer alignment with the U.S. is critical for deeper trade ties. Could this be a turning point in U.S.-India trade relations? Will India rethink its tariff policies? Watch this exclusive discussion for insights into Trump’s global economic strategy and what it means for India’s future.