India-US Interim Trade Deal: Ministers Hail Exports, Jobs, Farmer Safeguards
MMoneycontrol•07-02-2026, 10:15
India-US Interim Trade Deal: Ministers Hail Exports, Jobs, Farmer Safeguards
- •Cabinet ministers laud India-US interim trade agreement for boosting exports, job creation, and economic ties.
- •Union Minister Piyush Goyal states the deal opens a USD 30 trillion market for Indian exporters, especially MSMEs, farmers, and fishermen.
- •Goyal emphasizes protection for key agricultural sectors like dairy, fruits, vegetables, and spices to safeguard domestic interests.
- •Finance Minister Nirmala Sitharaman and other ministers welcome the agreement, highlighting job creation and deeper bilateral ties.
- •The framework includes reciprocal tariff rates, removal of tariffs on certain goods, and India's commitment to purchase USD 500 billion in US products.