India Announces Duty Concessions for US Goods in Trade Deal
India has announced duty concessions on American goods like wines, spirits, and soyabean oil under an interim trade deal, while protecting sensitive agricultural and dairy sectors.
India has announced duty concessions on American goods like wines, spirits, and soyabean oil under an interim trade deal, while protecting sensitive agricultural and dairy sectors.
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India and the United States have unveiled an interim trade agreement framework focusing on $500 billion in energy purchases, GPU technology collaboration, and reciprocal tariff reductions to 18%.
Commerce Minister Piyush Goyal assures the India-US trade framework safeguards Indian farmers, MSMEs, artisans, and craftsmen while boosting exports and creating jobs.
India's interim trade agreement with the US grants market access for American DDGS, soybean oil, and sorghum, benefiting livestock feed but potentially hurting domestic soybean farmers and processors.
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India and the US have agreed on an interim trade framework, cutting tariffs and enhancing market access while protecting sensitive sectors like agriculture. The deal aims to ease tensions and boost exports.
Commerce Minister Piyush Goyal accuses opposition of acting against farmers' interests over India-US trade agreement, highlights tariff cuts and economic opportunities.
Congress leader Vijay Wadettiwar alleges the Indo-US trade agreement will harm Maharashtra farmers' interests and criticizes the new VB-G RAM G Act for reducing guaranteed employment compared to MGNREGA.
Former NITI Aayog CEO Amitabh Kant praised the India-US interim trade agreement, which cuts tariffs on Indian goods to 18%, enhancing competitiveness against rivals like Vietnam and Bangladesh.
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RecommendedCommerce Minister Piyush Goyal announces the India-US trade agreement will reduce tariffs to 18% and eliminate duties on gems, pharmaceuticals, aircraft parts, and agricultural goods, enhancing export competitiveness.
India and the US have agreed on an interim trade deal, with India cutting tariffs on US industrial goods and agricultural products like soybean oil, fruits, and wine. Soybean oil imports from the US surged to 1.22 lakh tonnes in April-November 2025-26.
Union Minister Piyush Goyal announces historic India-US trade agreement, targeting $500 billion annual trade. Deal slashes tariffs on Indian exports, protects farmers, and opens zero-duty access for gems, pharma, and agriculture.
Maharashtra Chief Minister Devendra Fadnavis states that soybean and cotton farmers will not be harmed by the Indo-US trade deal, citing MSP procurement and market stability as safeguards.
The 1st South Asian Agroforestry & Trees Outside Forests Congress concluded in New Delhi, focusing on climate resilience and rural livelihoods through tree-based agriculture.
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The India-US Interim Trade Agreement framework promises preferential tariffs and supply chain resilience, enhancing export competitiveness for Indian auto component manufacturers, as per ACMA data showing rising bilateral trade.
Former Foreign Secretary Harsh Vardhan Shringla predicts a major surge in Indian exports to the US under the new interim trade agreement, enhancing market access and competitiveness.
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Commerce Minister Piyush Goyal announced the US has overtaken China as India's leading export market, with robust growth in sectors like engineering goods and textiles. He emphasized that farmers' interests remain protected in trade policies.
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