Trade Between the USA and India

Introduction

The USA and India want to trade more. They want to help each other's businesses grow.

Main Body

India puts a lot of money into US businesses. Now, India spends about 16.4 billion dollars in the USA. This creates many jobs for people. The two countries want to trade 500 billion dollars by 2030. India wants to buy energy and technology from the USA. But they have a problem with some laws about taxes. They also work together on new technology. They want to share minerals and use AI. The leaders say the trade deal is almost finished.

Conclusion

The USA and India are becoming close business partners. India is investing more money in the USA.

Learning

💰 Money Words

In this text, we see words used for business. These are essential for A2 level conversations about work and money.

  • Invest/Spending \rightarrow Putting money into something to make more money later.
  • Trade \rightarrow Buying and selling things between countries.
  • Deal \rightarrow An official agreement.

⚙️ The 'Want' Pattern

Notice how the text uses "Want to + [action]". This is the easiest way to talk about goals.

Want to + Verb (Action)

  1. Want to trade \rightarrow Goal: Exchange goods.
  2. Want to help \rightarrow Goal: Give support.
  3. Want to buy \rightarrow Goal: Get something with money.

Quick Tip: To make this negative, just add don't \rightarrow "They don't want to pay high taxes."

Vocabulary Learning

trade
to buy and sell goods or services
Example:They plan to trade goods with each other.
trade (n.)
The buying and selling of goods or services between countries.
Example:They will trade goods with other countries.
money
currency used for buying things
Example:She saved money for her trip.
business (n.)
A commercial organization that sells goods or services.
Example:She runs a small business that sells handmade crafts.
business
a place where people sell goods or services
Example:He started a small business in town.
money (n.)
Currency used to buy goods or pay for services.
Example:You can pay for the book with money.
jobs
work that people do to earn money
Example:The factory created many jobs.
jobs (n.)
Work positions that people can do to earn money.
Example:The company offers many jobs for young people.
energy
power that can be used to do work
Example:Solar energy is clean and renewable.
countries (n.)
Nations or states that have their own government.
Example:Countries have different cultures and languages.
technology
tools and machines made by people
Example:Technology helps us communicate faster.
technology (n.)
Tools, machines, or systems made by people to solve problems.
Example:New technology helps people work faster.
law
rules made by governments
Example:The law requires everyone to wear seatbelts.
law (n.)
A rule made by a government that people must follow.
Example:The law says you must wear a seatbelt.
tax
money people pay to the government
Example:They had to pay taxes on their income.
taxes (n.)
Money that people and businesses give to the government.
Example:Everyone pays taxes to support public schools.
share
to give part of something to others
Example:She will share her snack with her friend.
leaders (n.)
People who guide or direct a group or country.
Example:The leaders met to discuss the future.
partner
a person who works with another
Example:He is my business partner.
deal (n.)
An agreement between two or more parties.
Example:They signed a deal to share resources.
invest
to put money into something to make more money
Example:She plans to invest in stocks.
partner (n.)
A person or country that works closely with another.
Example:The USA and India are business partners.
countries
nations that people live in
Example:Many countries have different cultures.
invest (v.)
To put money into something hoping it will grow.
Example:He decided to invest his savings in the stock market.
people
human beings
Example:People enjoy music and art.
close
near or friendly
Example:They became close friends after school.
help
to give assistance
Example:Can you help me with my homework?