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The US President Donald Trump has repeatedly claimed that India is a 'tariff king' and imposes 'tremendously high' import duties on American goods.
India on Friday revoked the 'most-favoured nation' (MFN) status to Pakistan following the Pulwama terror strike.
India granted the MFN status to Pakistan way back in in 1996, but the neighbouring country has not yet reciprocated.
The year 2022 coincides with the country's 75th anniversary of Independence.
They underscored the benefits of a multilateral trading system and an open world economy for global growth and prosperity.
Calling it an excellent meeting, Modi said a wide range of subjects were discussed which would further cement the friendship between the three nations and enhance world peace.
India thus notched up their fourth victory in as many match to top group B.
The government raised import duties on 19 items to check the widening current account deficit and the rupee dipping to a historic low.
India, which is expected to surpass Brazil and become the world's largest sugar exporter this year, approved a subsidy of 55 Indian rupees per tonne of cane sold.
The PEPPER project will make the temple town of Vaikom a prominent tourist destination.