'Nicest-Looking Guy, Tough As Hell': Trump Hails PM Modi, Hints At India-US Trade Pact

At the APEC CEO Summit in South Korea, US President Donald Trump said he has great respect for Prime Minister Narendra Modi, while emphasizing on inking a trade pact with India. 

Addressing a gathering of Asia-Pacific leaders and CEOs today, Trump praised PM Modi with "the nicest looking guy' compliment and described him as "tough as hell."

Further, he stressed upon his “great respect for India’s Modi” and how a trade pact with the fastest growing economy in the world would prove beneficial for both nations.

"I am going to do a trade deal with India, " the US President said.

Trump's comments came after he asserted upon how his government had "stopped lot of wars". Notably, he also mentioned that “around the world” the US was "signing one trade deal after another."

Also Read: 'When America Thrives, Our Partners..': Donald Trump At APEC CEO Summit

Is Trump Optimistic On Trade Talks With Xi?

On the ever-evolving US-China trade ties, Trump said he maintained the stance that a deal with China is possible.

"I think we'll make a deal with China's Xi," Trump said, whilst mentioning that "a US-China deal would be good for South Korea, others."

The US President also revealed that the deal with South Korea will be "finalized very soon."

On the US economy, he shared expectations of a 4% surge in GDP in the upcoming quarter. "Next quarter we're expected to be at 4% growth," Trump said.

Speaking on the Fed rate cut expectations, he said, "When we announce good news, we want the stock market to go up."

"We are not gonna have a Fed that's gonna raise interest rate as they are worried about inflation in 3 years from now," he added.

The two-day review of the monetary policy by the US Federal Reserve is scheduled to end today.

Meanwhile, on private capital infusion in the US, Trump said, "We'll probably be at maybe even $22 trillion in investments coming into our country by the end of the first year of my second term."

Earlier, Trump had mentioned that Toyota would invest $10 billion in the US, which the Japanese automaker responded by denying explicitly promising a fresh $10 billion investment.