00:00Now it's finally time after 45 or 50 years of abuse that we will do,
00:05and this isn't India, this is among a lot of nations.
00:18We miss you, we miss you a lot.
00:30India has been to us just about the highest tariffed nation anywhere in the world.
00:55They've been very strong on tariffs and I don't blame them necessarily,
00:59but it's a different way of doing business.
01:00It's very hard to sell into India because they have trade barriers, very strong tariffs.
01:07We are, right now, a reciprocal nation.
01:10We are going to, if it's India or if it's somebody else with low tariffs,
01:15we're going to have the same.
01:16We're going to have whatever India charges, we're charging them.
01:18Whatever another country charges, we're charging them.
01:20So it's called reciprocal, which I think is a very fair way.
01:25We didn't have that.
01:26I was going to do that in my other term,
01:29and we had the greatest economy ever in the world.
01:31There's never been an economy like we had.
01:34And then we got hit with COVID.
01:35We had to focus on that.
02:25If I were to say this,
02:56borrowing an expression from America,
03:00our vision for a developed India is to make India great again, or MIGA.
03:11When America and India work together, that is when MAGA,
03:20when it's MAGA plus MIGA, it becomes MEGA.
03:28A MEGA partnership for prosperity.
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