He said the decision by the US administration to lower tariffs on Made in India goods reflects the strong leadership and effective diplomacy of Prime Minister Narendra Modi.
Memani noted that the United States, the world's largest economy, is also India's largest trading partner, with total Indian exports to the US estimated at around USD 80-90 billion annually. Of this, nearly 50-60 per cent, roughly USD 50 billion, comes from labour-intensive sectors such as g
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.
The finalisation of the India-US trade deal has come as a major relief for India's textile and apparel industry, which is now hopeful of regaining its strong position in the US market with more competitive tariffs working in India's favour.
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.
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.
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.
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.
Iranian President Masoud Pezeshkian has directed his foreign minister to pursue talks with the US if conducted without threats. Tehran signalled conditional openness to dialogue amid rising tensions, rejecting limits on uranium enrichment and warning against military action.
"Late last night, the US President tweeted on tariffs and referred to PM Modi as a true friend. After this, the PM tweeted, thanking the US President and on trade. The government will issue a suo motu statement on this trade deal and also hold a discussion on it," JP Nadda said in Rajya S
Congress MP Karti Chidambaram on Tuesday criticised the India-US trade deal, saying it undermines India's sovereignty as the US appears to be deciding India's trade and oil partners, and called for a relationship based on mutual trust and respect.
The Indian US announced trade deal restores parity for Indian rice exports with key competing origins such as Thailand and Pakistan, giving a clear edge to Indian exporters in the US market, stated Indian Rice Exporters Federation (IREF) reacting positively to deal.