India May Cut Import Duty on US Pulses: White House Reveals Trade Deal Details

• White House fact sheet indicates India may reduce import duties on some US pulses and other agricultural products.
• This revelation contradicts India's initial statement, which did not mention pulses, sparking debate.
• India's pulse import bill surged by 46% to $5.48 billion in FY2024-25, though US share was limited.
• Commerce Minister Piyush Goyal assures farmers' interests are protected, with sensitive crops like pulses remaining safeguarded.
• Experts view the deal as a step towards balanced agricultural trade, excluding major food grains and GMO crops from the Indian market.