India-US Trade Deal: Zero Tariff for Indian Products in America, Boosts Exports

• Union Commerce Minister Piyush Goyal announced an 18% tariff rate in the India-US trade agreement, lower than neighboring countries.
• Many Indian products, including gems, diamonds, medicines, spices, and fruits, will receive zero tariff in the US.
• The agreement aims to strengthen India's exports and promote 'Make in India' initiatives.
• India's agriculture and dairy sectors will remain protected, with no genetically modified (GM) products from the US allowed.
• India will purchase $500 billion worth of energy, aircraft, precious metals, tech products, and coking coal from the US over five years.