Odisha Chief Minister Mohan Charan Majhi praised Prime Minister Narendra Modi for the recent India-US trade deal and the lowered tariffs, calling it a significant step in strengthening economic relations between the two nations.
CM Majhi highlighted the importance of the US reducing tariffs to 18% on products made in India, emphasizing the positive impact on Indian manufacturing, MSMEs, exporters, and job opportunities. He noted that this tariff reduction would create new opportunities for entrepreneurs and startups in India by expanding market access.
Expressing his appreciation, CM Majhi commended PM Modi for his leadership and diplomacy in enhancing Indo-US ties and boosting India’s global economic presence. The Chief Minister lauded the trade agreement as a milestone in fostering deeper cooperation and mutual prosperity between the two countries.
In a notable announcement, PM Modi disclosed that tariffs on ‘Made in India’ goods had been decreased to 18% following discussions with US President Donald Trump. This move was welcomed by the Prime Minister, who thanked President Trump for the favorable decision benefiting Indian products and citizens.
The India-US trade pact, long-awaited and marked by tariff disputes and market-access issues, received positive feedback from Indian-American business leaders. While some policy experts viewed it as a breakthrough, others advised caution pending further details. The trade relationship between India and the US has seen steady growth, reaching a substantial $200 billion.
