Page 7 - India Us Trade Deal

Recent trade deals are a relief, but high valuations remain a headwind

Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism-especially in smallcaps-can turn into a sustained bull run

Negotiating trade deals from a position of strength, says Piyush Goyal

The India of today is negotiating trade deals from a position of strength and confidence that it can offer a future market of USD 35 trillion, Commerce and Industry Minister Piyush Goyal said on Sunday. "That's what is our negotiating strength," Goyal told PTI Videos in an interview. His first after India-US reached an agreement on tariffs, seen as a first step toward finalising a bilateral trade agreement (BTA). Today, India negotiates from a position of strength, "I start by saying look we are 4 trillion dollar economy today, but it is going to be 30-35 trillion by 2047, when we are a developed economy," he said. "And that is the confidence that india has today, that delta of opportunity from 4 trillion to 30-35 trillion, that is the future we offer," he added.

Union Budget 2026-27 surprises that faded amid India-US trade deal noise

The most visible reform that affects all international travellers arriving in India and a pleasant surprise is the introduction of the Baggage Rules, 2026

India-US trade deal: Cheaper Harleys likely to test Enfield's pricing power

Zero-duty imports of Harley-Davidson motorcycles above 800 cc may sharpen competition at the premium end but are unlikely to disrupt domestic players such as Hero MotoCorp, analysts said

India-US deal: Textile players stitch back frayed hopes after tariff cut

An analysis by CITI of data from the US Office of Textiles and Apparel showed that US imports of textiles and apparel from India fell 31.4 per cent in November 2025 compared with November 2024

PM protected interest of farmers, workers: BJP chief on India-US trade deal

BJP chief Nitin Nabin on Sunday said that the Modi government "diplomatically and patiently" made the trade deal with the US, ensuring the interests of the farmers and workers remain protected. Nabin said this at Ramleela Maidan while flagging off 500 e-buses along with Chief Minister Rekha Gupta and her Cabinet ministers. The Modi government "diplomatically and patiently" made a trade deal with the US, said the BJP president. "I congratulate Prime Minister Narendra Modi for this deal. He has protected the interests of the farmers, workers and enhanced the self-respect of the country," Nabin said. He also congratulated the Delhi chief minister, saying the 500 e-buses were a gift for the Delhi people who on February 8 last year handed over a massive victory to the BJP in Assembly polls. The BJP defeated AAP in the Assembly polls, winning 48 of the 70 Assembly seats, in the results announced on February 8, 2025. The BJP government in Delhi has in last one year worked with zero toler

India-US trade deal: Industry awaits clarity on agri products tariff cuts

The edible oil and soybean processing industry has cautiously welcomed the India-US interim bilateral trade agreement announced on Saturday, but is awaiting crucial details on tariff cuts, quota mechanisms and quality specifications. Under the pact, while the US will reduce tariffs on Indian goods to 18 per cent from the present 50 per cent, India will eliminate or cut down import duties on all US industrial goods and a wide range of American food and agricultural products, including soybean oil, distillers dried grains with solubles (DDGS), red sorghum for animal feed, tree nuts, fresh and processed fruits, wine and spirits. IMPORT DEPENDENCE DRIVES CAUTIOUS OPTIMISM --------------------------------------------------------- The Solvent Extractors Association of India (SEA) has welcomed the move, particularly given India's heavy dependence on soybean oil imports. During the 2024-25 edible oil year (November-October), the country imported a record 5.47 million tonnes of soybean oil,

What are GM crops and why they are a point of concern in US trade deal?

The India-US trade deal has revived debate over genetically modified crops, as New Delhi offers limited farm market access while keeping its most sensitive agricultural sectors protected

FPIs turn net buyers in Feb, invest ₹8,100 cr in a week on US trade deal

After three consecutive months of heavy selling, foreign portfolio investors (FPIs) turned net buyers in the first week of February, infusing more than Rs 8,100 crore in Indian equities, aided by improving risk sentiment, along with a trade deal with the US. The inflows follow sustained withdrawals in recent months, with FPIs pulling out Rs 35,962 crore in January, Rs 22,611 crore in December, and Rs 3,765 crore in November, data with the depositories showed. Overall, in 2025, FPIs pulled out a net Rs 1.66 lakh crore (USD 18.9 billion) from Indian equities, marking one of the worst periods for foreign flows. The selling was driven by volatile currency movements, global trade tensions, concerns over potential US tariffs and stretched equity valuations. According to the data, FPIs invested Rs 8,129 crore in this month (till February 6). Himanshu Srivastava, principal manager- research at Morningstar Investment Research India, said the recent buying reflects improving risk appetite a

Farmers' interest protected in trade deal, says Shivraj Singh Chouhan

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

India to grant import duty concessions on select US agricultural products

India has agreed to provide import duty concessions to certain US agricultural products such as dried distillers' grains (DDGs), red sorghum and apples for animal feed. According to a joint statement, India and the US have agreed on a framework for the first phase of the bilateral trade agreement, which is expected to be signed by mid-March. Commerce Minister Piyush Goyal told reporters that India will provide quota-based tariff concessions on US agricultural products such as DDGs, soybean oil, apples, long staple cotton and soybean oil. "We have opened our markets for the US in a calibrated manner on some products like Distiller's Dried Grains with Solubles (DDGS), wines and spirits in which we have kept a minimum import price also," Goyal said. When asked if DDG's have GM (genetically modified) soymeal, the minister assured that the environment ministry has prescribed processes on allowing the import of GM materials in India, which will be followed. According to the US Grains an

USTR's India map draws attention as Delhi, Washington announce trade pact

As New Delhi and Washington announced details of the bilateral interim agreement framework on trade, a map of India issued by the US Trade Representative's office on Friday drew attention. The map, posted by US Trade Representative on the social media site X, showed the entire region of Jammu and Kashmir, including Pakistan-occupied Kashmir, as Indian territory. Similarly, the Aksai Chin region, claimed by China, is also shown as part of the Indian territory, a significant messaging by the US. On previous occasions, maps of India have been shown with a demarcated line to portray the PoK and Aksai Chin region. But the map of India issued by the USTR shows the entire region of Jammu and Kashmir, including these two areas, as an integral part of India. New Delhi has consistently underscored that the entire Union Territory of Jammu and Kashmir has been, is and will always be an integral and inalienable part of India. India also asserts that Aksai Chin is an integral part of its terri

India-US trade pact opens $118 bn textile market for Indian exports

The landmark trade agreement between India and the US is set to open up America's USD 118 billion global imports market of textiles, apparels and made ups, a "major opportunity" for India's textile industry, the government said on Saturday. Notably, the US is the top market for India's textile exports. The 18 per cent reciprocal tariffs on Indian textiles products including apparel and made-ups will not only remove the disadvantage that Indian exporters had, but would place them in a better position than most competitors like Bangladesh (20 pc), China (30 pc), Pakistan (19 pc) and Vietnam (20 pc), who have higher reciprocal tariffs, the textile ministry said. This would alter the market dynamics as large buyers would surely relook at their sourcing in the light of this agreement, it added. India and the US on Saturday announced that they have reached a framework for the first phase of the bilateral trade agreement under which both sides will reduce import duties on a number of good

Energy security top priority as India plans to diversify sourcing: MEA

After Goyal sidestepped a query on Russian oil imports, MEA said energy security for 1.4 billion people remains India's top priority

Zero-duty US access for diamonds, coloured gems a 'turning point': Industry

The Indian gem jewellery industry on Saturday welcomed the announcement of zero-duty access for diamonds and coloured gemstones to the US under the Interim Agreement framework, saying it is a turning point that will give a fresh boost to the sector. "We are elated by the Interim Agreement framework announcing zero-duty access for diamonds and coloured gemstones to the US, especially after a difficult year in which India's cut and polished diamond exports to our largest market fell by over 60 per cent, from USD 3.64 billion to USD 1.45 billion, due to tariff-driven loss of competitiveness," GJEPC Chairman Kirit Bhansali said in a statement. India and the US on Saturday announced they have reached a framework for an interim trade agreement under which both sides will reduce import duties on a number of goods to boost two-way trade. Tariffs will go down to zero on a wide range of goods, including generic pharmaceuticals, gems and diamonds, and aircraft parts, thereby further enhancing

India-US interim trade pact to help MSMEs join global value chains: FM

The India-US Interim Agreement framework will support Indian MSMEs in integrating into global value chains and lower costs for businesses and consumers, Finance Minister Nirmala Sitharaman said on Saturday. As part of the framework announced last night, both countries will reduce import duties on a number of goods to boost two-way trade. While the US will reduce tariffs on Indian goods to 18 per cent from the present 50 per cent, India will eliminate or cut down import duties on all US industrial goods and a wide range of American food and agricultural products, including dried distillers' grains, red sorghum for animal feed, tree nuts, fresh and processed fruit, soybean oil, wine and spirits. According to a joint statement, India has expressed its intention to purchase USD 500 billion of US energy products, aircraft and aircraft parts, precious metals, technology products and coking coal over the next five years. "India has safeguarded the sensitivities of its agriculture and anim

India-US trade pact brings lower or zero duty on US wines, spirits

American goods ranging from wines and spirits to dry fruits will enter India either duty-free or at reduced import tariffs, a move expected to make these imports cheaper for domestic consumers. India and the US on Saturday announced that they have reached a framework for the first phase of the bilateral trade agreement under which both sides will reduce import duties on a number of goods to boost two-way trade. The framework will be converted into a legal agreement, which is expected to be signed by mid-March. The duty concessions will take effect on the day of implementation. According to a joint statement, India will eliminate or reduce tariffs on all US industrial goods and a wide range of American food and agricultural products, including dried distillers' grains, red sorghum for animal feed, tree nuts, fresh and processed fruit, soybean oil, and wine and spirits. The other US goods which will enjoy duty concession by India include walnuts, almonds, pistachios, and some ...

India-US trade deal: Farmer groups fear backdoor entry of GM crops via DDGS

Most farmer organisations and Opposition parties have sounded an alarm about the possible entry of GM products; Say could harm soy farmers in MP, Maharashtra, Rajasthan

India, Russia share strong ties based on trust: Consul General Ivan Fetisov

Ivan Fetisov, Consul General of the Russian Federation in Mumbai, said on Saturday that his country is open to ties with any nation willing to cooperate with Russia, and that Moscow and New Delhi share a good relationship based on trust and mutual respect. He was speaking to PTI Videos on the sidelines of the International Business Conclave at Advantage Vidarbha 2026 in Nagpur. Asked about India's growing ties with the US, the diplomat said, "We are open to cooperating with any country that wants to cooperate with Russia. If India wants to cooperate with the US, Kazakhstan or Brazil, it depends only on India. "So, I think we have a really good relationship based on trust and mutual respect. That is important nowadays," he said. To a question about India-Russia relations in the current scenario, he referred to the "enthusiasm" when Prime Minister Narendra Modi met Russian President Vladimir Putin in September last year. "I repeat that we have a strong relationship with India. We ha

India-US trade deal: Zero duty for large bikes, to benefit Harley-Davidson

India will grant zero-duty access to US motorcycle makers for bikes with engine capacities of 800-1,600 cc and above under the interim trade agreement, a move that would benefit iconic American brand Harley-Davidson, an official said on Saturday. Last year, the government had reduced import duty on motorcycles with engine capacities of up to 1,600 cc, which are imported as completely built-up (CBU) units, from 50 per cent to 40 per cent. For motorcycles with engine capacities exceeding 1,600 cc, the duty was curtailed to 30 per cent from 50 per cent. India and the US on Saturday issued a joint statement on an interim trade pact, which is expected to be signed by mid-March. The official said that the duty elimination will come into effect on the day of the implementation of the agreement. India is a small market for high-end premium bikes and the US' share in the segment is miniscule. In October 2020, Hero MotoCorp and Harley-Davidson announced a partnership for the Indian market.