Page 3 - Latest Updates on India-US Trade Deal

India-US trade deal to benefit farmers with higher farm exports: Goyal

Commerce minister says India-US pact safeguards key crops and opens new markets for farm exports; accuses Rahul Gandhi of spreading misinformation

Textile stocks rebound; Gokaldas, Vardhman, KPR Mill, Arvind soar up to 10%

Commerce Minister Piyush Goyal has indicated India may secure zero-duty textile access to the US, matching a tax relief granted to Bangladesh that has put Indian exporters under pressure.

Rahul Gandhi meets farm leaders, voices concern over India-US trade deal

Leader of Opposition Rahul Gandhi on Friday met leaders of farm unions from across the country in Parliament House complex during which the need for a nationwide movement to oppose the India-US interim trade deal as well as safeguarding the livelihoods of farmers and farm labourers was discussed. During the meeting, the farm union leaders expressed their opposition to the India-US trade deal, and conveyed their deep concern for the livelihoods of farmers of corn, soyabean, cotton, fruits and nuts, the Congress said. Gandhi said the trade deal has opened the door for agricultural imports and that many other crops would soon follow, according to the party. The farm leaders and Rahul Gandhi discussed the need for a large-scale national movement to oppose the deal, and safeguard the livelihoods of farmers and farm labourers, it said. The farm leaders who met Gandhi here included All India Kisan Congress chief Sukhpal S Khaira, Ashok Balhara of the Bharatiye Kisan Mazdor Union, Haryana,

Piyush Goyal slams Rahul Gandhi over US deal, says farmers fully protected

Commerce minister Piyush Goyal accused Rahul Gandhi of spreading lies on the India-US interim trade deal, asserting that farmers' interests were fully safeguarded and exports would rise

Opposition protests rock LS over BJP MP's remarks against Rahul Gandhi

Lok Sabha adjourned amid Opposition sloganeering over interim US trade pact and protests against BJP MP Nishikant Dubey's remarks on Rahul Gandhi

Indo-US trade deal is not just about trade, it matters for growth

The deal shifts the US posture towards India from hostile to neutral, and that matters for growth

Fact sheet changes reflect joint statement: MEA on US interim trade pact

Foreign ministry says amendments to White House fact sheet align with February 7 joint statement, which remains the framework for interim trade pact

Bharat Bandh on Feb 12: What's open, what's closed during strike today?

Trade unions and farmers have called a Bharat Bandh on February 12 to protest labour codes and the India-US trade deal; banking, transport and markets may see disruptions in several states

Indian textile exporters may get zero-duty US access, easing B'desh impact

Commerce Minister Piyush Goyal signals India may explore zero-duty US access similar to Bangladesh; industry says cotton exports and farmers unlikely to face adverse impact

Oppn MPs to protest US trade deal; Manish Tewari moves adjournment motion

Through an adjournment motion, Tewari sought an immediate government statement, alleging the India-US interim trade deal includes commitments on Russian oil purchases and farm concessions

Trump hails trade deal with India as historic, says US coal exports to rise

US President Donald Trump has hailed the trade deal with India as "historic" and said America will increase its coal exports dramatically to the country and to others with which it has trade agreements. "And under our leadership, we're becoming a massive energy exporter. In just the past few months, we've made historic trade deals with Japan, Korea, India and others to increase our coal exports dramatically," Trump said Wednesday during an event titled 'Champion of Coal'. "We're now exporting coal all over the world, and the quality of our coal is supposed to be...the finest anywhere in the world," he said. Last week, the US and India announced they have reached a framework for an interim agreement on trade, under which New Delhi will eliminate or reduce tariffs on all American industrial goods, a wide range of food and agricultural products, as well as purchase USD 500 billion of US products over the next five years. A joint statement issued by the two countries on Friday said the

Goyal urges exporters and industry bodies to take full advantage of FTAs

Commerce Minister Piyush Goyal urges exporters to leverage new FTAs with developed nations as India finalises trade deals with the US and EU

US revises fact sheet: $500 bn clause softened, 'certain pulses' dropped

Update softens language on India's $500 bn purchases plan, bringing it in line with joint statement issued by both countries

Rahul Gandhi slams India-US trade deal, FM Sitharaman rebuts sharply

Rahul Gandhi alleges India 'surrendered' in US trade pact; Centre rejects charge, says no one can sell or buy the country

India's massive $500 billion US import ambition raises scepticism: Experts

US President Donald Trump last week said he will slash tariffs on Indian goods to 18 per cent from 50 per cent , sparking relief in India

Trade agreements open doors, but India still isn't investment-ready

Creating the groundwork for shovel-ready investment would require hard work to reverse all of India's deep-seated problems

'Govt sold Bharat Mata, wholesale surrender': Rahul on India-US trade deal

Leader of Opposition Rahul Gandhi on Wednesday alleged that the government has "sold Bharat Mata" through the India-US interim trade deal and that it was a "wholesale surrender" with India's energy security handed over to America and farmers' interests compromised. Participating in the debate on the Union Budget, he said that had an INDIA Bloc government negotiated the trade agreement with the US, it would have told US President Donald Trump that he should treat India as an equal. "You have sold India. Are you not ashamed of selling India? You have sold our mother, Bharat Mata," he said while referring to the trade agreement. The LoP said energy security has gone under the India-US trade deal, and the US will decide "whom we buy oil from". Gandhi said the interests of the farmers have been compromised, and the farmers are facing a "storm" as agricultural products from the US will flood Indian markets. He also alleged that the Indian textile industry is "finished". The Congress le

India-US deal: Some J&K fruit growers on edge, others call it opportunity

The fruit growers and dealers in Kashmir are worried about the adverse effects of the India-US trade deal on local economy but there are voices within the fraternity who claim the agreement will stabilize the prices and improve the quality of the local produce. Javaid Ahmad Lone, a walnut farmer and dealer from south Kashmir Shopian district, said the imported goods from the US will push the local farmers to improve their stock if they want to stay in the business. " Protectionism is not good for the farmers all the time. They become complacent as they have a captive market. For example, the rates of local almonds and walnuts in Kashmir fluctuate like share market. No one is sure what is happening," Lone told PTI. He said with steady flow of walnuts and almonds from the US, the prices of local produce will also stabilize. "The imported walnuts and almonds have better quality and were already very competitive with tariffs. The local farmers will have to improve their quality as wel

USTR removes X post showing PoK, Aksai Chin part of Indian territory

The office of the US Trade Representative has removed a social media post that featured a map of India showing the entire region of Jammu and Kashmir, including Pakistan-occupied Kashmir, as well as the Aksai Chin region as part of the Indian territory. Last week, as the US and India announced details of a bilateral interim agreement framework on trade, the US Trade Representative's office posted information about the trade deal on the social media website X, along with a map of India. The map had shown the entire region of Jammu and Kashmir, including Pakistan-occupied Kashmir (PoK), as territory of India. Similarly, the Aksai Chin region, claimed by China, was also shown as part of the Indian territory. However, the specific post showing the map of India has now been deleted from the USTR's X handle. On previous occasions, maps of India had been shown with a demarcated line to portray the PoK and Aksai Chin region. But the map of India issued by the USTR had shown the entire regi

All key sensitive sectors protected under India-US trade pact: Comm Secy

India has always negotiated with a "clear mindset" on sectors that are "very" sensitive for the country in trade pacts and has protected all those key segments under the interim trade agreement with the US, Commerce Secretary Rajesh Agrawal said. He also said that both teams are working to convert the joint statement into a legal agreement, which is expected to be finalised and signed before the end of March. "India has always negotiated all agreements with a clear mindset, anything that is very sensitive to India, anything where we feel our farmers, fishermen, dairy, they are going to be impacted, we have been very clear to our partner countries that India can not open up or provide access," he told reporters here. "If you look at all the agreements that we have done in the last year, five trade agreements that we did -- all the sensitive sectors have been protected. In the US, all the key sensitive sectors have been protected. Wherever there is a little sensitivity, we have used