US-India trade deal, 250% tariff threat, ‘nicest-looking guy’ Modi, planes downed: Trump's APEC speech highlights

US President Donald Trump, currently in South Korea to attend the Asia-Pacific Economic Cooperation (APEC) Summit, said in his speech on Wednesday that he is doing a trade deal with India. He added that he has "great respect and love for Prime Minister [Narendra] Modi."

Speaking at the APEC CEO Summit, Trump called Modi the 'nicest-looking guy' and flashed back to the Indian-Pakistan conflict. He said that he had read that "seven planes were shot down" and offered trade deals to both nuclear-powered countries.

Trump's speech at APEC CEO Summit in South Korea: 7 points

1. US President Donald Trump said, "I'm doing a trade deal with India, and I have great respect and love for Prime Minister Modi. We have a great relationship."

2. He praised Pakistan Prime Minister Shehbaz Sharif, saying, "Likewise, the Prime Minister of Pakistan is a great guy. They have a Field Marshal. You know why he's a Field Marshal? He's a great fighter. He's a great guy too...And so I know them all."

3. Trump added, "I'm reading that seven planes were shot down. These are two nuclear nations. And they're really going at it."

4. He claimed he called Modi during the India-Pakistan conflict in May. Modi allegedly asked for a trade deal, but Trump said he refused due to the conflict.

"I called Prime Minister Modi and said, we can't make a trade deal with you. [PM Modi said] No, no, we must make a trade deal. I said, no, we can't. You're starting a war with Pakistan. We're not going to do it," Trump said.

5. Trump said he also called Pakistan. "We're not going to do trade with you because you're fighting with India. They said, ‘No, no, you should let us fight’. They both said that. They're strong people."

6. "Prime Minister Modi is the nicest-looking guy. He's a killer. He's tough as hell," Trump said. He added, “After literally two days, they [India and Pakistan] called up and they said, we understand, and they stopped fighting. How is that? Isn't that amazing? Now, you think Biden would have done that? I don't think so.”

7. Trump said he threatened India and Pakistan with 250% tariffs to help spur the resolution of their conflict earlier this year. "I warned of the tariffs. I said I'm going to put 250% tariffs on each country [if you don't stop the war], which means that you’ll never do business.”

Trump made these comments on Wednesday while addressing a meeting of corporate leaders at the APEC summit in Gyeongju.

He arrived in the South Korean city of Gyeongju on Wednesday to join other heads of state and business leaders for various summits and meetings.

Donald Trump will meet Chinese President Xi Jinping in South Korea on Thursday.