Commerce Minister Piyush Goyal on Wednesday said India and the US are complementary economies and the trade deal between the countries is beneficial for both parties.
"I'm thrilled to sign the Consolidated Appropriations Act to immediately reopen the federal government and fund the vast majority of operations through the rest of the fiscal year," the president said in the Oval Office.
Shiv Sena (UBT) MP Sanjay Raut on Thursday criticised the India-US trade agreement, which reduced the previously imposed tariff of 50 per cent to 18 per cent, saying that with this trade deal, the United States has almost bought India.
Congress MP Kiran Kumar Chamala launched a sharp attack against Prime Minister Narendra Modi on Wednesday, demanding clarity on the India-US trade deal.
"It is a good gesture between India and the US. The Commerce Ministry had been working to get the tariff reduced. This will ease out any apprehensions," he told ANI.
The India-US trade deal reduces tariffs on Indian goods in the US to 18 per cent, while Washington has claimed the deal will help it export more agricultural products to New Delhi.
According to The Hill, the measure was passed by a narrow 217-214 vote and has been sent to US President Donald Trump for his signature, which is expected to formally end the four-day shutdown that began on Saturday.
"And I think this is something quite extraordinary that in a matter of few days, we have concluded two of the largest deals possible, one with the European Union and one with the United States. And I think this opens up huge opportunities for us in terms of our aligning with global supply ch
Uttar Pradesh Chief Minister on Tuesday thanked PM Narendra Modi and US President Donald Trump for reducing tariffs on Indian goods and recognising India as a reliable partner.
Dravida Munnetra Kazhagam (DMK) MP Kanimozhi Karunanidhi on Tuesday said that there has been no clarity from the government on the India-US trade agreement, demanding to know if the farmers are protected within the agreement.