India-US Interim Trade Deal Framework Released: Dairy, Agri Sectors Protected

• India and the US have agreed on a framework for an interim trade deal, aiming for mutually beneficial trade.
• Union Minister Piyush Goyal confirmed that India has fully protected its dairy and agriculture sectors, with no compromises.
• The US will reduce reciprocal tariffs on Indian goods to 18%, opening a $30 trillion market for Indian exporters in key sectors.
• Tariffs will be zeroed on generic pharmaceuticals, gems, diamonds, and aircraft parts, boosting 'Make in India'.
• The agreement sets a path for a comprehensive Bilateral Trade Agreement (BTA) and aims to deepen economic cooperation.