The President of the US-India Business Council (USIBC) at the US Chamber of Commerce, Atul Keshap, has welcomed the recently announced India-US trade deal, in which Washington reduced the tariff on Indian goods to 18 per cent, saying that the agreement sends a "very positive psychological
External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio on Tuesday (local time) committed to expand "bilateral and multilateral cooperation" through the Quadrilateral Security Dialogue (Quad) during their meeting ahead of the Critical Minerals Ministerial and welcomed
He stated that if such commitments are made without extensive public consultation, parliamentary debate, or dialogue with farmers' representative bodies, it would constitute a direct betrayal of the interests of crores of Indian farmers, horticulturists, and agricultural labourers.
The meeting is part of the EAM's ongoing three-day visit to the United States and comes a day after the announcement of the India-US trade deal under which Washington has agreed to lower tariffs on Indian goods to 18 per cent.
Former Indian diplomats on Tuesday welcomed the India-US trade agreement, calling it a positive and evolving step that would boost bilateral trade, business confidence and people-to-people benefits between the two countries.
"For the last six months, we've been going through a lot of turmoil since the tariffs were imposed. We were struggling because we didn't want to leave the buyers, and the buyers didn't want to leave the exporters. With yesterday's news, we reached a point of saturation on whether we could ta
India has agreed to eliminate tariffs on industrial goods under the trade agreement with the United States, cutting average duties to zero from the current 13.5%, US Trade Representative Jamieson Greer has said, according to CNBC.
"India's agricultural sensitivities have been fully protected" in the India-US trade deal, which will reduce American tariffs on Indian goods to 18%, a senior government official told ANI on Tuesday.
Speaking to the media here on Tuesday, Pilot said, "Why does the US make announcements regarding trade deals between India and the US? What is the need to celebrate if the tariffs have been reduced to 18 per cent? It seems that the agreement was made under pressure from the US."
"PM Modi is Compromised. PM is too afraid to let me speak in Parliament about Naravane, Epstein Files and how he has surrendered on Tariffs," Gandhi, who is the Leader of Opposition (LoP) in Lok Sabha, posted on X.
Rajesh B. Lund, President of the Chamber of Commerce, Coimbatore, said the industry has "warmly welcomed" the US tariff reductions announced under the new trade initiative. "This is a landmark achievement, and we wholeheartedly appreciate the leadership of Prime Minister Narendra Modi, whose
The deal involves reducing reciprocal tariffs from 25% to 18% and eliminating the additional 25% duty on Russian oil imports into India. India has also agreed to increase imports from the US by $500 billion, covering sectors like energy, technology, agriculture, and defence.