Congress MP Pramod Tiwari on Tuesday took a swipe at Prime Minister Narendra Modi, saying that all the decisions made by India are being announced by US President Donald Trump instead of PM Modi himself, underlining that it affects the self-respect of the country.
With the India-US trade deal announced, foreign institutional investors (FIIs) are expected to make a comeback in the Indian stock markets, as trade-related uncertainties ease and positive signals emerge from the agreement.
"Late last night, the US President tweeted on tariffs and referred to PM Modi as a true friend. After this, the PM tweeted, thanking the US President and on trade. The government will issue a suo motu statement on this trade deal and also hold a discussion on it," JP Nadda said in Rajya S
Textiles and Jewellery traders have welcomed the India-US trade deal, expressing enthusiasm over the reduced tariffs, predicting that a tariff of 18 per cent will increase sales by 100 per cent to 150 per cent.
Kwatra said that the talks between US President Donald Trump and Prime Minister Narendra Modi herald an exciting new phase in the partnership between both nations.
Union Minister for Communications and Development of the North Eastern Region, Jyotiraditya M. Scindia, welcomed the landmark India-US trade deal, asserting that the agreement signals the unity of the world's two largest democracies to foster a 'stronger, more peaceful global order.
Former MoS MEA MJ Akbar called the India-US trade deal the "first child" of the India-EU "mother of all trade deals." He praised PM Modi's cooperative nationalism for sidelining US tariff pressure, predicting stable, promising India-US ties ahead.
The industrialists in the country have welcomed the announcement of the India-US trade deal, stating that the agreement will strengthen strategic and economic ties between the two countries while opening up additional opportunities for investment and collaboration.
Shiv Sena (UBT) MP Priyanka Chaturvedi on Tuesday flagged concerns over the India-US trade deal as Washington claimed that the agreement will help them export more agricultural products to New Delhi and that India will stop purchasing oil from Russia.
Congress MP KC Venugopal on Tuesday gave an Adjournment Motion notice in Lok Sabha to discuss the India-US trade agreement, claiming "adverse consequences" for Indian industries and farmers.