"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
Nahata said the tariff rate under the deal had been fixed at 18%, a level he described as favourable for financial markets across debt, equity and foreign exchange. He pointed to a clear reaction in the bond market, where the 10-year government security yield softened after the announcement.
In its report titled "India: US-India conclude trade deal: President Trump lowers 'reciprocal' tariffs on India to 18%", Goldman Sachs noted that President Trump announced on social media a reduction in the reciprocal tariffs on Indian goods imports to 18% down from the earlier 25%, 'effecti
Lok Sabha Leader of Opposition Rahul Gandhi on Tuesday made big allegations against Prime Minister Narendra Modi, accusing him of "being compromised" and "selling the country" through the India-US trade deal.
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.
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
Ajay Singh, Chairman and Managing Director of SpiceJet, has issued a statement congratulating the Government of India on the finalisation of the India-US trade deal, calling it a "watershed moment" for the nation and a major boost for the "Made in India" brand. In his statement, Singh pra
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
Uttar Pradesh Chief Minister on Tuesday thanked PM Narendra Modi and US President Donald Trump for reducing tariffs on Indian goods and recognising India as a reliable partner.
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.
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.