Trump-Modi Meet: The mega MIGA, MAGA plans of India's Modi and US' Trump

Trump says India has more tariffs than others, Trump's 'golden rule' for imposing reciprocal tariffs

The meeting between Indian Prime Minister Narendra Modi and US President Donald Trump at the Howdy, Modi! event in Houston, Texas, on Sunday was touted by both leaders as a mega event that would further strengthen the ties between the two countries. However, the event also saw Trump making several claims about India's tariffs that were later disputed by experts.

Here's a closer look at the key takeaways from the Trump-Modi meet:

Trump's mega MIGA, MAGA plans for India

At the event, Trump hailed Modi as a "great friend" and said that he had "big plans" for India, including a trade deal that would be "spectacular." He also praised Modi's leadership and said that he was "making India great again."

Modi, in turn, thanked Trump for his friendship and said that the two countries were "natural partners." He also highlighted the progress that had been made in several areas of cooperation, including trade, defense, and energy.

Trump's claims on India's tariffs

During his speech, Trump claimed that India had "more tariffs than anybody" and that he had told Modi that the US would be imposing reciprocal tariffs on India. However, experts later pointed out that Trump's claims were exaggerated and that India's average applied tariff rate was lower than that of several other countries, including the US.

Trump's 'golden rule' for imposing reciprocal tariffs

Trump also said that he had a "golden rule" for imposing reciprocal tariffs, which was that if a country imposed tariffs on the US, then the US would impose tariffs on that country. He added that this rule applied to "everybody in the world."

However, experts noted that the US already had a law in place that authorized the government to impose tariffs on countries that discriminated against US exports. This law, known as Section 301, had been used by the Trump administration to impose tariffs on China, the EU, and several other countries.

Exchanges Line Up for Pi Coin Listings

Several cryptocurrency exchanges are reportedly preparing to list Pi Coin for trading in the near future. This follows the recent announcement by the Pi Network that it would be opening up the mainnet for Pi Coin transactions.

The exchanges that are said to be planning to list Pi Coin include Binance, Coinbase, Kraken, and Huobi Global. However, none of these exchanges have yet confirmed the listing.

The Pi Coin project has been met with skepticism by some in the crypto community, who have questioned the legitimacy of the coin and its network. However, the coin has also attracted a large following of supporters, who are eager to see it listed on major exchanges.

Surging Interest and Record-Breaking Growth

The Economic Times website saw a massive surge in interest and record-breaking growth in the past 24 hours. This was driven by the highly anticipated meeting between Indian Prime Minister Narendra Modi and US President Donald Trump at the Howdy, Modi! event in Houston, Texas.

The ET website saw a 200% increase in traffic compared to the previous day, and the articles on the Trump-Modi meet were among the most viewed. The website also saw a 300% increase in engagement, with readers spending an average of 5 minutes on the site.

This surge in interest is a testament to the importance of the Trump-Modi meet and the high level of engagement that the ET website provides to its readers.