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    Home > Headlines > Italy's Meloni speaks to India's Modi, skirts U.S. tariffs request
    Headlines

    Italy's Meloni speaks to India's Modi, skirts U.S. tariffs request

    Published by Global Banking and Finance Review

    Posted on September 10, 2025

    2 min read

    Last updated: January 22, 2026

    Italy's Meloni speaks to India's Modi, skirts U.S. tariffs request - Headlines news and analysis from Global Banking & Finance Review
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    Tags:tradeeconomic growthinvestmentforeign exchange

    Quick Summary

    Italy's Meloni and India's Modi strengthen bilateral ties, avoiding US tariff discussions. Focus on trade, investment, and Ukraine peace efforts.

    Table of Contents

    • Strengthening Italy-India Relations
    • Discussion on Trade and Investment
    • Support for Ukraine Peace Efforts
    • Impact of U.S. Tariffs on India

    Italy's Meloni Discusses Bilateral Ties with India's Modi, Avoids Tariff Talk

    Strengthening Italy-India Relations

    ROME (Reuters) -Italian Prime Minister Giorgia Meloni hailed her country's "excellent" relationship with India in a phone call on Wednesday with her counterpart Narendra Modi, making no mention of U.S. requests for the EU to impose tariffs of up to 100% on Indian imports.

    Discussion on Trade and Investment

    According to officials, U.S. President Donald Trump urged the European Union this week to hit China and India with new import duties as part of a strategy to put pressure on Russia, a key supplier of oil for the two nations.

    Support for Ukraine Peace Efforts

    In their call, Meloni and Modi welcomed "the excellent state of bilateral relations" and reaffirmed a shared commitment to deepen cooperation on trade, investment and connectivity, the Italian premier's office said in a statement.

    Impact of U.S. Tariffs on India

    The statement made no mention of Trump's demands.

    The two leaders also discussed Ukraine, saying they support "all international efforts to promote a ceasefire and a resumption of negotiations aimed at achieving a just and lasting peace", the statement added.

    As Europe and the U.S. have shunned Russian oil over Moscow's 2022 invasion of Ukraine, India has taken advantage of discounts on Russian output to become the largest buyer of Russian seaborne crude.

    India has made clear it would continue buying Russian oil as it proves economical, despite the Trump administration's decision to impose heavy import tariffs on Indian goods.

    (Reporting by Angelo AmanteEditing by Frances Kerry)

    Key Takeaways

    • •Italy and India reaffirm strong bilateral relations.
    • •US requests EU to impose tariffs on Indian imports.
    • •Meloni and Modi discuss trade and investment cooperation.
    • •Support for international Ukraine peace efforts.
    • •India continues buying discounted Russian oil.

    Frequently Asked Questions about Italy's Meloni speaks to India's Modi, skirts U.S. tariffs request

    1What is foreign investment?

    Foreign investment involves investing capital in a country by individuals or entities from another country. It can stimulate economic growth and create jobs.

    2What is economic growth?

    Economic growth is the increase in the production of goods and services in an economy over time, typically measured by GDP.

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