India-US Trade Deal Excludes Key Agricultural Products, Focuses on Tech and Energy

• Top government sources confirm India-US trade deal excludes politically sensitive agricultural segments like wheat, rice, soya, dairy, and sugar.
• The exclusion aims to protect Indian farmers and dairymen from external shocks and heavily subsidized American imports.
• This clarification comes amidst US assertions that India agreed to open its agriculture sector, which New Delhi denies.
• India commits to buying $500 billion worth of American products over five years, focusing on aircraft, data center equipment, energy, steel, and infra-linked inputs.
• The first tranche of the Bilateral Trade Agreement is ready, with a joint statement expected soon and a formal agreement by mid-March.