Piyush Goyal: No E-commerce Inventory Concessions in India-US Trade Deal
Business
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CNBC TV1809-02-2026, 09:17

Piyush Goyal: No E-commerce Inventory Concessions in India-US Trade Deal

  • Commerce Minister Piyush Goyal clarifies e-commerce inventory not part of India-US trade talks.
  • India's existing regulatory framework for e-commerce remains unchanged.
  • New framework to significantly improve US market access for Indian goods, with 50% attracting zero duty.
  • US Section 232 tariffs to apply to 10-15% of exports (steel, aluminum); 35% face 18% tariffs.
  • Russian crude oil imports not part of trade deal, handled by Ministry of External Affairs.

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