LIVE: Piyush Goyal Explains Why India US Trade Deal Opens 30 Trillion Dollar Market And Jobs Boost
Автор: TOI Bharat
Загружено: 2026-02-07
Просмотров: 191
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Commerce Minister Piyush Goyal has outlined why the India-US interim trade framework could be a turning point for Indian exporters and job creation. Explaining the White House document, Goyal said the agreement opens access to a $30 trillion US market, especially for MSMEs, farmers and fishermen. Reciprocal tariffs on Indian goods will drop to 18 percent, unlocking opportunities in textiles, apparel, leather, footwear, plastics, chemicals, décor and machinery. Tariffs will fall to zero on key exports such as generic pharmaceuticals, gems and diamonds and aircraft parts, boosting Make in India. Crucially, India has protected sensitive farm and dairy sectors, ensuring rural livelihoods remain secure. Goyal said the deal balances growth with national interest and sets the stage for deeper India-US economic cooperation.
#indiaustradedeal #piyushgoyal #msme #indiatrade #indianjobs #live
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