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00:00It's an amazing privilege to be here in Jaipur.
00:04I'm thrilled to address the Ananda Sender's India U.S. Forum,
00:08and I'm thrilled to have you all here with me.
00:10Thanks to all of you – the business leaders, decision-makers,
00:13and, of course, the students – for being here.
00:16And thanks to our great team at the U.S. Embassy
00:18for everything that you guys do for our country.
00:21In the United States, we're proud of the deep
00:23connection between our nations – between India and the United States.
00:27Prime Minister Modi, as most of you probably know,
00:29और ज Mona और वारी हे जोकी दिसहां क्योंसुंग कर दो और हadura हे फित्जफ कि अविपनद प्रम .
00:35और हो के अविएथ का स糖 चैज प्रम टिल्रगोंधक लेकलन लेकंपनthinking का आप data क fifteenत है .
00:44Now we're so grateful for Prime Minister Modi's hospitality as well as the reception that he and everyone else in this country have given us on this first trip for me to India.
00:54This is my first time visiting the birthplace of my wife's parents and she's of course in the front row there. There you are, Isha.
01:08She's a bit of a celebrity it turns out in India, I think more so than her husband.
01:11But I haven't been here long, but already I've been fortunate enough to visit the Akshadram Temple, did I pronounce that right honey?
01:19Is that okay? Alright.
01:21With my family this morning as a matter of fact.
01:23And last night Prime Minister Modi welcomed me, Usha and our three small children at his beautiful home.
01:30I've been amazed by the ancient beauty of the architecture of India, by the richness of India's history and traditions,
01:38but also by India's laser-like focus on the future.
01:42And those things I think this appreciation for history and tradition and this focus on the future is very much something that I think animates this country in 2025.
01:52Now in other countries I've visited it sometimes feels like there's a flatness, a sameness, a desire to just be like everyone else in the world.
02:01But it's different here. There's a vitality to India, a sense of infinite possibility, of new homes to be built, new skylines to be raised, and lives to be enriched.
02:12And there's a pride in being Indian, a feeling of excitement about the days that lie ahead.
02:17Now it's a striking contrast with too many in the West, where some in our leadership class seem stricken by self-doubt and even fear of the future.
02:27To them, humanity is always one bad decision away from catastrophe.
02:32The world will soon end, they tell us, because we're burning too much fuel, or making too many things, or having too many children.
02:38And so, rather than invest in the future, they too often retreat from it.
02:44Some of them pass laws that force their nations to use less power.
02:48They cancel nuclear and other energy generation facilities, even as their choices, the choices of these leaders, lead to more dependence on foreign adversaries.
02:58Meanwhile, their message to their friends, to countries like India, is to tell them that they are not allowed to grow.
03:04Well, President Trump rejects these failed ideas.
03:09He wants America to grow, he wants India to grow, and he wants to build a future with our partners all over the globe.
03:21And when I look at his audience, or when I visit this incredible country over these last couple of days, I see a people that will not be held back.
03:29Now, the most profound responsibility, I believe, that all of us have, is not to ourselves, but to the next generation.
03:37To make sure we leave them with a better society than the one that our parents and our grandparents gave us.
03:43And this is the world that America seeks to create with you.
03:46We want to build a bright new world, one that is constantly innovating, one that is helping people to form families, making it easier to build, invest, and trade together in pursuit of common goals.
03:59Now, I believe that our nations have much to offer one another.
04:03And that is why we come to you as partners looking to strengthen our relationship.
04:09Now, we are not here to preach that you do things any one particular way.
04:14Too often in the past, Washington approached Prime Minister Modi with an attitude of preachiness, or even one of condescension.
04:21Prior administrations saw India as a source of low-cost labor, on the one hand, even as they criticized the Prime Minister's government,
04:31arguably the most popular in the democratic world, and as I told Prime Minister Modi last night, he has got approval ratings that would make me jealous.
04:38But, it wasn't just India. This attitude captured too much of our economic relationship with the rest of the world.
04:49So, we shipped countless jobs overseas, and with them, our capacity to make things, from furniture, appliances, and even weapons of war.
04:59We traded hard power for soft power, because with economic integration, we were told, would also come peace through sameness.
05:10Over time, we'd all assume the same sort of bland, secular, universal values.
05:16No matter where you lived, the world was flat, after all. That was the thesis, and that was what they told us.
05:21And when that thesis proved false, or at least incomplete, leaders in the West took it upon themselves to flatten it by any means necessary.
05:31But many people across the world, and I think your country counts among them, they did not want to be flattened.
05:37Many were proud of where they came from, their way of life, the kind of jobs they worked, and the kind of jobs their parents worked before them.
05:44And that very much includes people in my own country, the United States of America.
05:51Now, some of you are aware of my own background. I actually didn't plan to talk about my background at all, until last night at dinner, while my children mostly behaved.
06:00We gave an A- for behavior with the Prime Minister. The Prime Minister said, I have one request. I want you to talk a little bit about your background.
06:07And so I wanted to do that. For those of you who don't know anything about me, I wanted to talk about it.
06:14I come from, and I'm biased, the greatest state in the Union, the state of Ohio.
06:18A long time manufacturing powerhouse in the United States of America.
06:22My home, specifically, is a place called Middletown.
06:26Now, it's not a massive city by any means, it's not Jaipur, but it's a decent sized town, in a place where people make things, which has been a point of pride in Middletown for generations.
06:37It's filled with families like my own, some of whom called us hillbillies, Americans who came down from the surrounding hills and mountains of West Virginia, Tennessee, and Kentucky,
06:48to cities like Middletown, in pursuit of the manufacturing jobs that were creating widespread prosperity for families all across America.
06:56They came to Middletown in search of what we call, back home, the American dream.
07:01In Middletown, my parents raised me. My grandparents raised me.
07:04They taught us to work hard, they taught me to study hard, and they taught me to love God and my country and always be good to your own.
07:13My granddad, who I called Papaw, growing up, he typified that.
07:17Late into life, he worked as a steel maker at the local mill, and I know India has a lot of those.
07:23Papaw's job gave him a good wage, stable hours, and a generous pension.
07:27All that allowed him to support not just him and my grandmother, but his own daughter and grandkids with him.
07:34Now, by the time I came around, money was awfully tight, but he worked hard to make a good living for all of us.
07:39Now, I know Papaw and Mamaw were grateful for the way of life their country made possible.
07:45Their generation bore witness to the formation of America's great middle class.
07:50And by creating an economy centered around production, around workers who build things, and around the value of their labor,
07:58our nation's leaders then transformed their country and made thousands of little Middletowns possible.
08:03The government supported its labor force.
08:07We created incentives for productive industries to take root and struck good deals with international partners
08:13to sell the goods made in the United States of America.
08:16But, as America settled in to world historic prosperity it generated,
08:21our leaders began to take that very prosperity and what created it for granted.
08:26They forgot the importance of building, of supporting productive industry, of striking fair deals,
08:32and of supporting our workers and their families.
08:35And as time went on, we saw the consequences.
08:38In my hometown, factories left, jobs evaporated, America's Middletowns ceased to be the lifeblood of our nation's economy.
08:47And the United States, as it became transformed, those very people, the working class, the background of the United States of America,
08:56were dismissed as backwards for holding on to the values their people had held dear for generations.
09:00Now, Middletown's story is my story, but it's hardly unusual in the United States of America.
09:07There are tens of millions of Americans who, over the last 20 or so years, have woken up to what's happening in our nation.
09:15But I believe they woke up well before it's too late.
09:19Now, like you, we want to appreciate our history, our culture, our religion.
09:23We want to do commerce and strike good deals with our friends.
09:27We want to found our vision of the future upon the proud recognition of our heritage, rather than self-loathing and fear.
09:35I work for a President who has long understood all of this.
09:39Whether through fighting those who seek to erase American history, or in support of fair trade deals abroad, he has been consistent on these issues for decades.
09:47And as a result, under the Trump Administration, America now has a government that has learned from the mistakes of the past.
09:56It's why President Trump cares so deeply about protecting the manufacturing economy that is the lifeblood of American prosperity,
10:04and making sure America's workers have opportunities for good jobs.
10:07As we saw earlier this month, he will go to extraordinary lengths to protect and expand those opportunities for all Americans.
10:16And so today I come here with a simple message.
10:19Our Administration seeks trade partners on the basis of fairness and of shared national interests.
10:26We want to build relationships with our foreign partners who respect their workers, who don't suppress their wages to boost exports,
10:33but respect the value of their labor.
10:35We want partners that are committed to working with America to build things,
10:40not just allowing themselves to become a conduit for transshipping others' goods.
10:45And finally, we want to partner with people in countries who recognize the historic nature of the moment we are in,
10:52of the need to come together and build something truly new,
10:56a system of global trade that is balanced, one that is open, and one that is stable and fair.
11:05Now, I want to be clear, America's partners need not look exactly like America,
11:11nor must our governments do everything exactly the same way.
11:15But we should have some common goals, and I believe here in India we do, in both economics and in national security.
11:21And that's why we're so excited, that's why I'm so excited to be here today.
11:26In India, America has a friend, and we seek to strengthen the warm bonds our great nations already share.
11:34Now, critics have attacked my President, President Trump, for starting a trade war in an effort to bring back the jobs of the past,
11:41but nothing could be further from the truth.
11:46He seeks to rebalance global trade, so that America, with friends like India, can build a future worth having for all of our people together.
11:55When President Trump and Prime Minister Modi announced in February that our countries aim to more than double our bilateral trade,
12:02to $500 billion by the end of the decade, I know that both of them meant it.
12:09And I'm encouraged by everything our nations are doing to get us there.
12:13As many of you are aware, both of our governments are hard at work on a trade agreement built on shared priorities,
12:20like creating new jobs, building durable supply chains, and achieving prosperity for our workers.
12:25In our meeting yesterday, Prime Minister Modi and I made very good progress on all of those points.
12:33And we are especially excited to formally announce that America and India have officially finalized the terms of reference for the trade negotiation.
12:42I think this is a vital step toward realizing President Trump's and Prime Minister Modi's vision,
12:55because it sets a road map toward a final deal between our nations.
13:00I believe there is much that America and India can accomplish together.
13:05And on that note, I want to talk about a few areas of collaboration today, how India and the United States can work together.
13:12First, perhaps most importantly, to protect our nations.
13:16Second, to build great things.
13:18And finally, to innovate the cutting edge technologies both our countries will need in the years to come.
13:23Now, on defense, our countries already enjoy a close relationship, one of the closest relationships in the world.
13:30America does more military exercises with India than we do with any other nation on Earth.
13:37The U.S.-India Compact that President Trump and Prime Minister Modi announced in February will lay the foundation for even closer collaboration between our countries.
13:45From javelins to striker combat vehicles, our nations will co-produce many of the munitions and equipment that will need to deter foreign aggressors.
13:56Not because we seek war, but because we seek peace and we believe the best path to peace is through mutual strength.
14:02And the launching the Joint Autonomous Systems Industry Alliance will enable America and India to develop the most state-of-the-art maritime systems needed for victory.
14:13It is fitting that India this year is hosting the Quad Leader Summit this fall.
14:18Our interests in a free, open, peaceful, and prosperous Indo-Pacific are in full alignment.
14:27Both of us know that the region must remain safe from any hostile powers that seek to dominate it.
14:34Growing relations between our countries over the last decade are part of what led America to designate India a major defense partner, the first of that class.
14:43This designation means that India now shares with the UAE a defense and technology infrastructure and partnership with the United States on par with America's closest allies and friends.
14:59But we actually feel that India has much more to gain from its continued defense partnership with the United States, and let me sketch that out a little bit.
15:07We, of course, want to collaborate more. We want to work together more. And we want your nation to buy more of our military equipment, which, of course, we believe is the best in class.
15:18American fifth-generation F-35s, for example, would give the Indian Air Force the ability to defend your airspace and protect your people like never before.
15:27And I've met a lot of great people from the Indian Air Force just in the last couple of days.
15:30India, like America, wants to build. And that will mean that we have to produce more energy. It's more energy production and more energy consumption.
15:42And it's one of the many reasons why I think our nations have so much to gain by strengthening our energy ties.
15:48As President Trump is fond of saying, America has once again begun to drill baby drill. And we think that will inure to the benefit of Americans, but it will also benefit India as well.
16:03Past administrations in the United States of America, I think motivated by a fear of the future, have tied our hands and restricted American investments in oil and natural gas production.
16:14This administration recognizes that cheap, dependable energy is an essential part of making things and is an essential part of economic independence for both of our nations.
16:28Of course, America is blessed with vast natural resources and an unusual capacity to generate energy, so much that we want to be able to sell it to our friends like India.
16:39We believe your nation will benefit from American energy exports in expanding those exports. You will be able to build more, make more, and grow more, but at much lower energy costs.
16:53We also want to help India explore its own considerable natural resources, including its offshore natural gas reserves and critical mineral supplies.
17:01We have the capacity and we have the desire to help. Moreover, we think energy co-production will help beat unfair competitors in other foreign markets.
17:13But India, we believe, can go a long way to enhance energy ties between our nations. And one suggestion I'd have is maybe consider dropping some of the non-tariff barriers for American access to the Indian market.
17:25Now, I've talked about this, of course, with Prime Minister Modi. And look, President Trump and I know that Prime Minister Modi is a tough negotiator. He drives a hard bargain. It's one of the reasons why we respect him.
17:37And we don't blame Prime Minister Modi for fighting for India's industry. But we do blame American leaders of the past for failing to do the same for our workers.
17:52And we believe that we can fix that to the mutual benefit of both the United States and India.
17:58Let me give an example. American ethanol, we believe made from the finest corn in the world, can play a tremendous role in enhancing our partnership.
18:07And I know our farmers would be delighted to support India's energy security ambitions.
18:13We welcome the Modi government's budget announcement to amend India's civil nuclear liability laws, which currently prevent U.S. producers from exporting small modular reactors and building larger U.S. designed reactors in India.
18:26There's much that we can create, much that we can do together.
18:31We believe that American energy can help realize India's nuclear power production goals, and this is very important, as well as its AI ambitions.
18:40Because as the United States knows well, and I know that India knows well, there is no AI future without energy security and energy dominance.
18:49And that brings me to my final point of collaboration.
18:53I believe that the technological collaboration between our countries is going to extend well beyond defense and energy.
19:00The U.S.-India Trust initiative that President Trump and Prime Minister Modi have launched will be a cornerstone of the partnership in the future.
19:08It will build on billions of dollars of planned investments that American companies have already announced across India.
19:14In the years to come, we're going to see data centers, pharmaceuticals, undersea cables, and countless other critical goods being developed and being built because of the American and Indian economic partnership.
19:29And I'll say it again, I think that our nations have so much to gain by investing in one another.
19:34America investing in India, and of course India investing in the United States of America.
19:39And I know that Americans, our people, are excited about that prospect, and that President Trump and I are looking forward to stronger ties.
19:48Americans want further access to Indian markets.
19:51This is a great place to do business, and we want to give our people more access to this country.
19:56And Indians, we believe, will thrive from greater commerce than the United States.
20:00This is very much a win-win partnership.
20:04It certainly will be far into the future.
20:07And, as I know this audience knows better than most, neither Americans nor Indians are alone in looking to scale up their manufacturing capacity.
20:18The competition extends well beyond cheap consumer goods and into munitions, energy, infrastructure, and all sorts of other cutting-edge technologies.
20:29I believe that if our nations fail to keep pace, the consequences for the Indo-Pacific, but really the consequences for the entire world, will be quite dire.
20:38And this, again, is where India and the United States have so much to offer one another.
20:43We've got great hardware, the leading artificial intelligence hardware in the world.
20:48You have one of the most exciting startup technology infrastructures anywhere in the world.
20:54There's a lot to be gained by working together.
20:57And this is why President Trump and I both welcome India's leadership in a number of diplomatic organizations, but, of course, in the Quad.
21:06We believe a stronger India means greater economic prosperity, but also greater stability across the Indo-Pacific,
21:13which is, of course, a shared goal for all of us in this room, and is a shared goal for both of our countries.
21:19I want to close with one last story, or maybe a couple of stories.
21:24So, you know, my son, Ewan, is seven years old.
21:27He's our firstborn son.
21:28And yesterday, after we had dinner at the Prime Minister's house, the food was so good, and the Prime Minister was so kind to our three children,
21:38that Ewan came up to me afterwards and he said, Dad, you know, I think maybe I could live in India.
21:45And, but I think after about 90 minutes in the Jaipur sun today at the Great Palace, he suggested that maybe we should move to England.
21:55So you take the good with the bad here.
21:58But I want to talk about Prime Minister Modi, because I think he's a special person.
22:01I first met Prime Minister Modi at the AI Action Summit in February, and we had a lot of important discussions on AI and other policies to prepare for.
22:11The Prime Minister also managed to figure out that my son Vivek was actually turning five years old on the trip.
22:17This was in Paris just a couple of months ago.
22:20So think about this.
22:21I met a huge international policy conference.
22:23He took the time to stop by where I was staying, wish our second son Vivek a happy birthday, and even bring him a gift.
22:32Usha and I were both genuinely touched by his graciousness.
22:36And we've been even more impressed by his warmth since we arrived in India.
22:40Now it's interesting.
22:41Some of you may know that when you're a politician, your kids spend almost as much time in the limelight as you do.
22:48And the great things about kids is they are brutally honest.
22:52They're brutally honest with everybody, whether you want them to be or not.
22:55And our seven-year-old, our five-year-old, and our three-year-old baby girl, Mirabelle, it's interesting.
23:00They have only really been, they've only really attached themselves to, they've only really liked, I should say,
23:07they've only really built a rapport with two world leaders.
23:11The first, of course, is President Trump.
23:13He just has a certain energy about him.
23:16But Prime Minister Modi, it's the exact same thing.
23:19Our kids just like him.
23:21And I think that because kids are such good, strong of characters, I just like Prime Minister Modi too.
23:26And I think it's a great foundation for the future of our relationship.
23:32I could tell then, I could tell when Prime Minister Modi came over a couple of months ago.
23:36And I believe today that he is a serious leader who has thought deeply about India's future prosperity and security,
23:44not just for the rest of his time in office, but over the next century.
23:48And I want to end by making a simple overarching point.
23:52We are now officially one quarter into the 21st century, 25 years and 75 years to go.
24:01And I really believe that the future of the 21st century is going to be determined by the strength of the United States-India partnership.
24:11I believe, thank you, I believe that if India and the United States work together successfully,
24:23we are going to see a 21st century that is prosperous and peaceful.
24:28But I also believe that if we fail to work together successfully, the 21st century could be a very dark time for all of humanity.
24:36So I want to say, it's clear to me, as it is to most observers,
24:41that President Trump, of course, intends to rebalance America's economic relationship with the rest of the world.
24:48That's going to cause, fundamentally will cause profound changes within our borders and the United States,
24:54but of course with other countries as well.
24:56But I believe that this rebalancing is going to produce great benefits for American workers.
25:03It's going to produce great benefits for the people of India.
25:06And because our partnership is so important to the future of the world,
25:11I believe President Trump's efforts, joined of course by the whole country of India and Prime Minister Modi,
25:18will make the 21st century the best century in human history.
25:22Let's do it together.
25:23God bless you and thank you for having me.
25:25Junk ...
25:42Thank you for being here.