On the issue of sanctions against Iran, Trump said: "The message is the same as last 3 days. We have a lot of time, no rush. They can take their time. There is absolutely no time pressure. I think in the end hopefully it's going to work out. If it works out, great, if it doesn't, you'll be hearing about it."
The two leaders met shortly after the Japan-America-India trilateral meeting. Foreign Secretary Vijay Gokhale said Modi, Trump and Japanese Prime Minister Shinzo Abe, during their trilateral meeting, discussed how they could bring stability in the region. "On Iran, the primary focus was on how we ensure stability there, as instability affects us in many ways, not just in a matter of energy needs, but also in terms of our large diaspora in Gulf, 8 million Indians in the Gulf," he said.
The Modi-Trump meet assumes significance in the wake of a recent tariff war between the US and India. Before his arrival in Japan on Thursday, Trump had said the recent tariff hike by India was "unacceptable". "I look forward to speaking with Prime Minister (Narendra) Modi about the fact that India, for years having put very high Tariffs against the United States, just recently increased the Tariffs even further. This is unacceptable and the Tariffs must be withdrawn!" he tweeted. He was referring to a recent tariff hike by India on 28 items exported by the US. The duty was hiked after the US withdrawal of preferential trade access for Indian products.
Also read: G-20 Summit: PM Modi holds trilateral meeting with Trump, Shinzo Abe
Trump's tweet came a day after his Secretary of State Mike Pompeo met PM Modi and Foreign Minister S Jaishankar during his visit to India. During their meeting, Pompeo and Jaishankar also discussed the trade frictions between India and the United States at length. Both foreign ministers tried to present the perspective of their leaders on matters of trade in the interaction.
The major issue pertains to a hike in duties on steel and aluminium products by the US in 2018. After that, the government on June 21, 2018, had imposed these duties in retaliation. As India is one of the major exporters of these items to the US, the move had a revenue implication of about $240 million on domestic steel and aluminium products.
Trump has also criticised India's high import tariff on the iconic Harley-Davidson motorcycles as "unacceptable" though acknowledging that his "good friend" Prime Minister Modi has reduced it from 100 per cent to 50 per cent. Last February, India slashed the customs duty on imported motorcycles like Harley-Davidson to 50 per cent after Trump called it "unfair" and threatened to increase the tariff on import of Indian bikes to the US.
Manoj Sharma with agency inputs
Also read: G-20 Summit: PM Modi holds trilateral meeting with Trump, Shinzo Abe