India-US Trade Pact to Unlock $30 Trillion Market for Exporters: Goyal

• Commerce Minister Piyush Goyal announced an India-US trade pact framework opening a USD 30 trillion market for Indian exporters.
• The agreement targets MSMEs, farmers, and fishermen, aiming to create new job opportunities for women and youth.
• US will slash reciprocal tariffs on Indian goods to 18% in key sectors like textiles, leather, chemicals, and home decor.
• Tariffs will drop to zero on generic pharmaceuticals, gems, diamonds, and aircraft parts, boosting 'Make in India'.
• India's commitment to protecting farmers' interests is reflected by safeguarding sensitive agricultural and dairy products.