India to Buy $500 Billion US Goods: Piyush Goyal Explains Trade Deal Logistics

• Commerce Minister Piyush Goyal states India sees no difficulty in sourcing $500 billion worth of goods from the US over time.
• India will prioritize US suppliers for high-value items like advanced ICT products, GPUs, energy imports, and aircraft.
• Interim trade deal expected by mid-March, reducing reciprocal tariffs on Indian goods to 18 percent.
• Approximately 50% of India's exports to the US will get zero-duty access; 35% face 18% tariff.
• India's 'red lines' protected: dairy, poultry, meat, rice, wheat, sugar, and all GM products excluded from the deal.