Union Commerce Minister Piyush Goyal on Wednesday assured Members of Parliament that India had successfully safeguarded the interests of the agriculture and dairy sectors in the trade deal with the United States.
Shiv Sena (UBT) MP Sanjay Raut on Thursday criticised the India-US trade agreement, which reduced the previously imposed tariff of 50 per cent to 18 per cent, saying that with this trade deal, the United States has almost bought India.
Samajwadi Party chief Akhilesh Yadav on Wednesday slammed the Centre over the United States' claim that India may reduce tariffs to zero on certain American goods and purchase USD 500 billion of US energy, technology, agricultural, and coal products.
DMK MP Tiruchi Siva on Wednesday gave a Suspension of Business notice in the Rajya Sabha under Rule 267, seeking a discussion on the India-United States trade deal.
Domestic stock markets witnessed a return of selling pressure on Wednesday morning as global cues turned weak following a fresh escalation in tensions in the Middle East and sharp selling in big technology stocks in the United States.
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.
External Affairs Minister S Jaishankar on Tuesday (local time) met US Treasury Secretary Scott Bessent in Washington DC as part of an ongoing three-day visit to the United States, where he is participating in the inaugural Critical Minerals Ministerial on February 4.
White House Press Secretary Karoline Leavitt on Tuesday (local time) claimed that India has committed to ending its purchases of Russian oil and will instead source crude from the United States, potentially from Venezuela under the newly announced trade agreement between the two countries
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.
Congress MP Gurjeet Singh Aujla on Tuesday criticised the government's trade deal with the US, stating that India has "become nothing but a market," after a trade deal with the United States led to reports that India could abandon Russian oil procurement.
"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
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