U.S. Vice President JD Vance arrived in India on Monday for a four-day visit during which he will hold talks with Indian Prime Minister Narendra Modi.
The United States is India’s largest trading partner, but a trade deficit of $45.6 billion in India’s favor exists between the two countries.
After their Feb. 13 meeting, Trump said, “We can make up the difference very easily with the deficit, with the sale of oil and gas, [liquefied natural gas], of which we have more than anybody in the world.”
A spokesperson for India’s Ministry of External Affairs, Randhir Jaiswal, told reporters on April 17, “We are very positive that the visit will give a further boost to our bilateral ties.”
The United States and India are also exploring a bilateral trade agreement.
The White House noted that India imposed a 70 percent tariff on imported cars, while the United States previously imposed a 2.5 percent tariff on the same product.
During his visit to Washington, Modi said he was open to reducing tariffs on U.S. goods, repatriating Indian nationals living illegally in the United States, and buying more military equipment.
The 26 percent tariff on India was reduced to 10 percent, pending talks.
Fighter Jet Decision
India has traditionally bought much of its military hardware from Russia, and before that, from the Soviet Union.The United States wants the Indian air force to buy Lockheed Martin F-35 fighter jets instead.
On Feb. 13, during Modi’s visit, Trump told reporters: “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.”
Vance’s visit and talks with Modi are expected to lay the groundwork for a possible summit later this year, which Trump might attend along with the leaders of Japan and Australia.
“India remains committed to advancing our partnerships with the U.S. in these domains,” Modi said.
Last month, Musk’s Starlink company entered into agreements with two of India’s biggest telecom corporations to provide satellite-based internet services.
Several U.S. companies, such as Apple and Google, have expanded their operations in India in recent years.

Vance’s wife, Usha Vance, is the daughter of Hindu Indian immigrants. The Vance family is due to visit the Taj Mahal and attend a wedding in the city of Jaipur.