"Under the leadership of PM Narendra Modi, this is a landmark deal between India and the US. This is a historic deal. The 50 per cent tariff has been cut down to 18 per cent. Trade will thrive, industries of people will thrive, and employment opportunities will increase," he said.
Union Minister Ramdas Athawale on Saturday welcomed the India-US interim trade agreement, saying the framework would strengthen bilateral trade ties and benefit key sectors, including agriculture, while dismissing concerns being raised about its impact on farmers.
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."
Speaking to reporters, Chaturvedi said the deal appeared uneven, noting differences in tariffs: the US will cut tariffs on Indian goods to 18%, while India will eliminate or reduce tariffs on US industrial and agricultural products.
Khera contrasted current leadership with past leaders who stood firm with US counterparts, implying a loss of assertiveness and invoked the names of former US Presidents Nixon, Bush, and Obama, suggesting that previous Indian governments dealt with global superpowers as equals.
Rashtriya Janata Dal (RJD) Member of Parliament Manoj Kumar Jha launched a sharp attack on the Union government on Saturday regarding the India-US Interim Trade Framework Agreement, alleging that the Centre was "misleading the entire nation" over revised tariff structures. Speaking about
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.
Congress MP Randeep Singh Surjewala criticised Modi government on Saturday, following the announcement of a framework for an India-US Interim Trade Agreement. Speaking from Panchkula, Haryana, Randeep Singh Surjewala said that the deal would devastate Indian livelihoods by opening domesti
While addressing a press conference on the India US Joint Statement, Minister Goyal said, "Agricultural products from Indian farmers will be exported to the United States at zero duty. At the same time, no tariff concessions have been granted for agricultural products from US farmers ente
Union Commerce Minister Piyush Goyal underlined the significance of the announcement of the interim framework of the India-US trade agreement, stating that today will be "etched in golden letters."