India-US Trade Deal: No Compromise on Farmers' Interests, Says Piyush Goyal

India
M
Moneycontrol•03-02-2026, 18:48
India-US Trade Deal: No Compromise on Farmers' Interests, Says Piyush Goyal
- •Commerce Minister Piyush Goyal announced that a joint statement on the India-US trade deal would be issued soon.
- •Goyal emphasized that the deal fully protects India's sensitive sectors, especially agriculture and dairy, ensuring no compromise on farmers' interests.
- •Prime Minister Narendra Modi's focus on promoting and protecting the agriculture and dairy sectors was highlighted.
- •The agreement is expected to create new opportunities, particularly in employment-generating sectors, and has generated enthusiasm among exporters, tech innovators, and investors.
- •US President Donald Trump confirmed a reduction in reciprocal tariffs on Indian goods from 25% to 18%, boosting Indian exports.
Why It Matters: The India-US trade deal prioritizes national and public interest, protecting farmers while boosting exports and economy.
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