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.
Commerce and Industry Minister Piyush Goyal on Tuesday said that the sensitive sectors of India's economy, particularly agriculture and dairy, have been protected in the India-US trade deal.
Speaking to ANI outside Parliament, Hibi Eden said eight Congress MPs have been suspended, but the party will continue its protest both inside and outside Parliament.
Commerce and Industry Minister Piyush Goyal on Tuesday said that the India-US Trade Agreement brings tremendous opportunity to people of the country and that is the best deal India has received compared to all its neighbours.
The reduction in the US import duties, along with forthcoming duty-free trade agreements with the United Kingdom and European countries, will drive remarkable growth in the Indian textile industry. As a result, employment opportunities in the textile sector will multiply significantly.
Shiv Sena UBT MP Sanjay Raut on Tuesday claimed that the India-US trade agreement was signed to benefit Gautam Adani, the Chairperson of the Adani Group.
Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, described the agreement as "much-awaited" and transformational for both economies. "The deal marks a significant milestone, unlocking immense opportunities for investments and growth, and added that the flurry of free trade agr
"And I think this is something quite extraordinary that in a matter of few days, we have concluded two of the largest deals possible, one with the European Union and one with the United States. And I think this opens up huge opportunities for us in terms of our aligning with global supply ch
Union Home Minister Amit Shah on Tuesday stated that the India-US trade agreement will boost MSMEs, global competitiveness among small industries, and increase employment opportunities.
Union Minister Gajendra Singh Shekhawat expressed optimism about the future of India's manufacturing sector following discussions on the India-US Trade Agreement. In a statement to ANI, Shekhawat said that "2026 is certainly going to be wonderful" for the nation, anticipating significant
Dravida Munnetra Kazhagam (DMK) MP Kanimozhi Karunanidhi on Tuesday said that there has been no clarity from the government on the India-US trade agreement, demanding to know if the farmers are protected within the agreement.
Congress MP KC Venugopal on Tuesday said that he is prepared to question the recent announcement of the India-US trade deal, which was unilaterally made by US President Donald Trump.