Piyush Goyal's Clarity Demolishes Opposition's Cacophony on India-US Trade Deal

• Union Minister Piyush Goyal unveiled a "historic" India-US trade deal, emphasizing its strategic importance for India's national interests and vision of Viksit Bharat by 2047.
• The deal, finalized under PM Modi and President Trump, is touted as the "best possible" trade pact for India, offering an 18% tariff rate that gives India a competitive edge over major Asian economies like China (34%) and Vietnam (20%).
• The agreement significantly benefits key Indian sectors: textiles, with a reduced tariff making Indian garments more competitive and poised to create millions of jobs; and seafood exports, where tariff cuts restore competitiveness and could double export volumes.
• Goyal clarified that sensitive sectors like dairy and core agriculture are fully protected, countering opposition claims and highlighting PM Modi's commitment to farmers' livelihoods, as demonstrated by his refusal to join RCEP.
• The deal is expected to amplify bilateral ties, attract US technology and investments, and foster innovation, signaling India's growing influence on the global stage and creating opportunities for various segments of society.

Why It Matters: Piyush Goyal's detailed explanation of the India-US trade deal highlights its strategic benefits and national interest protection.