Piyush Goyal: Indian Agri Products Get Duty-Free Entry to US Market

• Union Commerce Minister Piyush Goyal announced duty-free entry for Indian agricultural products into the US market.
• The agreement does not grant tariff concessions for American agricultural products in India.
• Indian farmers, MSMEs, artisans, and craftspeople will gain greater access to the American market, with no GM food allowed in India.
• Reciprocal tariff reduced from 50% to 18%, boosting exports in labor-intensive sectors like textiles, apparel, and gems.
• Tariffs made zero on generic medicines, diamonds, aircraft parts, spices, tea, coffee, and various fruits and vegetables.