US EditionIndia-US Trade Deal Shields Agriculture and Spurs Export Growth
The trade deal reduces US tariffs on Indian goods to 18% and safeguards agriculture while boosting opportunities for skilled workers and Micro, Small and Medium Enterprises.
- On Tuesday, Goyal told Parliament that the India–US trade deal safeguards agriculture and dairy interests while removing tariffs on about 2,000 products.
- Following exchanges between Prime Minister Narendra Modi and President Donald Trump, negotiators from India and the United States finalised several aspects, and Goyal said a joint India–US statement is likely this week.
- Goyal said about 2,000 products will be eligible for reduced or zero duties, including textiles and leather, boosting Indian exporters and MSMEs.
- Markets reacted as Sensex and Nifty rose on foreign inflows, while opposition parties staged protests and raised concerns in India, triggering a political row.
- Goyal said the agreement promotes 'Make in India' and Viksit Bharat 2047, while US officials discussed energy, with claims India would stop buying Russian oil unaddressed by New Delhi.
15 Articles
15 Articles
Agriculture, dairy sectors completely protected in trade deal with US: Goyal
Commerce and Industry Minister Piyush Goyal on Wednesday told the Lok Sabha that the sensitive sectors of the country, like agriculture and dairy, are completely protected in the India-US trade deal.
"Successful in safeguarding interests of agriculture and dairy sectors": Piyush Goyal briefs Parliament on India-US trade deal
Union Commerce Minister Piyush Goyal on Wednesday assured Members of Parliament that India had successfully safeguarded the interests of the agriculture and dairy sectors in the trade deal with the United States.
India-US trade deal: Goyal’s assurances mask deeper shifts in Global South trade politics
Indian Trade Minister Piyush Goyal’s detailed briefing on New Delhi’s newly announced trade understanding with Washington marks a significant recalibration in India–US economic relations, with implications extending far beyond bilateral tariffs. While the Indian government has sought to reassure domestic constituencies-particularly farmers and dairy producers-that sensitive sectors will remain protected, the deal reflects broader geopolitical an…
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