Prime Minister Narendra Modi is on his first U.S. trip following Donald Trump’s second-term oath—just days into his new presidency. While the world views this high-profile meeting through lenses of diplomacy, trade, and politics, the energy sector eagerly watches for potential shifts and opportunities.
President Donald Trump has frequently labeled India as the “Tariff King,” criticizing its high import duties on various goods. During his discussions with PM Modi, Trump stressed the importance of reducing tariffs to bolster bilateral trade, focusing sharply on defense and hydrocarbons.
Though defense and hydrocarbons dominate the trade conversation, renewable energy, particularly solar panels and cells, may see ripple effects. India’s commitment to green energy could face challenges if trade policy changes alter import-export dynamics for key components.
Despite concerns, some industry leaders remain optimistic. Sushil Purohit, CEO of Gentari, emphasized that strong enabling policies and global net-zero commitments should keep the renewable energy sector on track, regardless of U.S. tariffs.
While the primary focus of U.S.-India talks is on broader trade sectors, the renewable energy industry stands poised for indirect impacts depending on how trade policies evolve. This visit marks a critical moment where energy cooperation and policy shifts could reshape the future of clean energy collaboration between the two nations.
Source:
- https://apnews.com/article/trump-india-modi-visit-washington-tariffs-83d5f6af65f923dc4feb3f38338c888d
- https://indianexpress.com/article/india/modi-trump-bilateral-meeting-ties-tariffs-terrorism-deals-cooperation-9835387/
- https://economictimes.indiatimes.com/industry/renewables/trumps-new-tariffs-unlikely-to-hit-renewable-energy-sector-gentari-ceo/articleshow/118186982.cms?from=mdr
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