New Delhi (CNN) Recent trade tensions between the US and India won't impact ties between the two nations, and their partnership is "already beginning to reach new heights," Secretary of State Mike Pompeo said during a visit to New Delhi Wednesday, less than two weeks after India increased tariffs on some US exports.

Delhi's decision in mid-June was in response the Trump administration's move to end India's participation in a preferential trade program. The Indian government did not specify the value of the goods targeted at the time, but had previously told the World Trade Organization that they were worth around $241 million.

Speaking to reporters in New Delhi, following meetings with India's newly reelected Prime Minister Narendra Modi and Minister of External Affairs Subrahmanyam Jaishankar, Pompeo said: "Great friends are bound to have disagreements. The United States has been clear we seek greater market access and the removal of trade barriers in our economic relationship."

"And today, I address these differences in the spirit of friendship and I think that the two of us will be able to see a good outcome for each of our two countries," he added.

Echoing Pompeo's sentiments, Jaishankar said, "My urging was that we take a constructive and pragmatic view ... It is natural when you have trade, there will be issues and I think the real test of our intentions is our ability to address them effectively. We are committed to making it easier to do business, to provide a level playing field and to grow with the world economy."

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