"I believe there is anger in the country, and the anger is on many fronts - regarding the India-US deal. From (tariffs at) 2.9 per cent to 50 per cent, then it went back to 18 per cent, which is being celebrated. Someone is named in the 'file'. There are many issues. However, I feel that
Addressing a press conference in Dibrugarh, Sonowal highlighted India's shift since 2014 from a "defensive and hesitant trade posture" to assertive, strategically negotiated global engagement. He pointed to nine major FTAs finalised in the last six years, granting preferential access to 3
India's textile and apparel exports registered a decline in January compared with the same period last year, largely due to high tariffs imposed by the United States that remained in force till February 7.
India's trade surplus with the United States may cross USD 90 billion annually, supported by a sharp rise in exports and higher import potential, according to a report by SBI.
The domestic equity markets entered a consolidation phase on Wednesday after the recent rally driven by the India-US deal, with indices opening flat but registering modest gains amid returning foreign inflows.
Opposition MPs staged a protest against the framework of the India-United States Interim Trade Agreement on Tuesday at the Makar Dwar of the Parliament.
India's external position among Asian peers improves following the interim trade framework announced between India and the United States, with exports expected to rebound and dollar inflows likely to strengthen, according to a report by JM Financial.
Speaking exclusively with ANI on whether there was a lack of trust with the US, particularly under the Trump administration, Goyal said, "I don't think there's any trust deficit between the United States of America and India or between our leaders."
Speaking exclusively to ANI, Goyal said the agreement reflects the broader depth of the India-US partnership, which spans defence, technology, critical minerals and strategic cooperation. Goyal emphasised that while trade is the vehicle, strategic alignment is the destination. The deal is
While responding to a question by ANI on the India-US trade deal at a press conference, Setty said, "It's not only the India-US deal, but also other trade deals, whether it is with the EU or the FTA with the UK in the past, all these are extremely positive for the Indian economy."
Union Minister for Commerce and Industry, Piyush Goyal, on Saturday hailed the zero duty on gems and diamonds exported from India to the United States as the two nations announced a framework for the Bilateral Trade Agreement.
Union Agriculture Minister Shivraj Singh Chouhan on Saturday assured that the government has protected all the major crops and dairy products, prioritising the benefits of farmers in the interim framework for the US-India trade agreement.