Congress MP Manish Tewari on Sunday called for a detailed discussion on the terms of the India-US interim trade agreement. He asserted that the terms of the agreement could affect India's economic security, strategic autonomy, and long-term growth trajectory.
Congress MP Sukhdeo Bhagat on Sunday criticised the government over the India-US interim trade agreement, calling it "highly imbalanced" and a "unilateral deal."
The US and India have on Saturday issued a joint statement that they have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade (interim agreement) and have agreed to a framework.
Addressing a public rally in Karimnagar, Owaisi claimed that US President Donald Trump has warned that the US could impose an additional 25 per cent tariff on India if it imports oil from Russia, directly or indirectly.
Union Minister Piyush Goyal on Saturday placed farmers at the government's defence of the India-US interim trade agreement, declaring the day would be "etched on golden letters" in India's economic history. The Congress led a fierce counter-offensive, with Party media department chairman
The United States and India announced a framework for an Interim Agreement on reciprocal, mutually beneficial trade, reaffirming their commitment to a broader Bilateral Trade Agreement (BTA) launched by President Donald Trump and Prime Minister Narendra Modi on February 13, 2025.
Speaking to ANI, Sachdev said that India intended to increase imports, which could impact local pricing and production, and that tariff reductions on American produce would mean more competition for domestic growers but more variety for Indian consumers.
"The Interim Trade Agreement entered into by India and the US gives another boost to India's roaring growth engine. Translating PM Shri @narendramodi Ji's vision of a Viksit Bharat into an inevitable reality, the agreement makes way for a boom for Make in India, hardworking farmers, entre
Congress leader Supriya Shrinate on Saturday launched an attack on Prime Minister Narendra Modi over the interim India-US trade agreement, claiming that the latter has "played to the tunes of President Trump", which resulted in a "detrimental" deal for India's interest.
In a telephonic interview with ANI, Chidambaram responded to questions on the government's claims regarding the deal, and said, "what has been announced is neither a bilateral trade agreement nor an interim agreement, but merely a framework for a possible interim agreement in the future."
"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.