US President Donald Trump on Wednesday hailed the historic trade deal between India and the United States, calling it a ‘major breakthrough’
US President
Donald Trump on Wednesday hailed the historic
trade deal between India and the United States, calling it a “major breakthrough”. While addressing a gathering at the “Champion of Coal” event, Trump said that the agreement would significantly boost American coal exports and expand America’s energy footprint.
Trump placed the India deal at the forefront of his remarks as he presented evidence of the United States’ growing dominance in global energy markets. He also noted that the recent trade agreements with countries like India and Japan would help drive up coal exports from the US and reinforce its status as a leading
energy supplier.
“America is now the number one energy producer in the world. We’re becoming a massive energy exporter. In just the past few months, we’ve made historic trade deals with Japan, Korea, India, and others to increase our coal exports dramatically. The quality of our coal is supposed to be the finest anywhere in the world,” Trump said in the Wednesday interview.
Trump pats his own back
During his address, Trump suggested that the deal with New Delhi forms part of a broader push to position US coal as a premium product in international markets. Apart from India, Trump also cited American trade deals with
Japan and South Korea, saying that the United States had concluded “historic trade deals” with these countries in recent months.
He went on to claim that the American coal stands out globally interms of quality. “The quality of our coal is supposed to be the finest anywhere in the world,” he said, describing it as a competitive advantage in negotiations with major energy-importing nations.
The American leader characterised the country’s transformation as rapid and decisive, emphasising that it is no longer solely focused on domestic supply but increasingly on global exports.
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