Reacting to Samajwadi Party (SP) chief Akhilesh Yadav's criticism of the BJP-led Centre over the India-US trade deal, Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya on Tuesday said that Yadav should refrain from commenting on the matter if he has no information regarding the dea
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."
Arvind Virmani, Member, NITI Aayog, on Tuesday highlighted that the India-US trade deal is essential for "competitive integration," fostering exports and investment, rather than isolationism.
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
Union Commerce Minister Piyush Goyal on Tuesday said the India-US trade deal is an agreement that every Indian can be proud of and it is under the final stages of detailing between the negotiating teams of the two countries.
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.
Congress MP Deepender Singh Hooda on Tuesday criticised the government for restricting the Leader of the Opposition (LoP) from speaking on India-China relations, calling it a "dark day for democracy."
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.
"Rahul Gandhi ko kya mirchi lagti hai? Piyush Goyal asked in Hindi. The minister said the government would have preferred to present the matter in Parliament but was compelled to address the media due to what he described as unruly behaviour by opposition parties, including the Congress,