India-US Trade Deal: Sugar, Dairy, Key Agri Crops Protected, Says Govt Sources

• The India-US trade deal safeguards Indian farmers by excluding major crops like rice, wheat, soy, and corn from the bilateral agreement.
• The pact also exempts the sugar and dairy industries, ensuring protection for these key domestic sectors.
• US President Donald Trump announced the agreement, which will cut tariffs on New Delhi’s shipments from 50 percent to 18 percent.
• Union Commerce Minister Piyush Goyal affirmed that India will not compromise on the interests of its agriculture and dairy sectors, ensuring farmers' concerns are fully safeguarded.
• The agreement is expected to boost labor-intensive industries like textiles, apparel, leather, and gems and jewelry, and facilitate access to US technology and innovation.