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‘Mark My words...,' Says Rahul Gandhi on Indo-US Trade Deal

  • Union Commerce Minister Piyush Goyal stated on July 4, 2025, that India will accept a U.S. trade deal only if it is fully finalized and in the national interest.
  • The U.S. has set a July 9 deadline to implement a 26% additional duty on all Indian imports if a trade agreement is not finalized by then.
  • Goyal emphasized that India negotiates trade deals on its own terms, requiring mutual benefit, and continues talks with multiple countries including the U.S.
  • The 26% tariff threatens to impact Indian exports, including $2.89 billion worth of automobiles facing a 25% U.S. tariff, while India resists opening agriculture and dairy sectors.
  • India's stance suggests it will prioritize national interest over deadlines, potentially delaying trade deals but aiming for sustainable, two-way beneficial agreements.
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आज तक broke the news in on Friday, July 4, 2025.
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