Shiv Sena MP Priyanka Chaturvedi expressed caution regarding the India-United States trade agreement, noting that while it is a historic moment for the US, it may not entirely benefit India in its current state.
Chaturvedi mentioned that the deal seems to heavily favor the US, particularly in terms of access to the Indian market. She highlighted that apart from reduced tariffs, India seems to lack leverage in the agreement, making it appear one-sided in favor of the US.
She further elaborated on the deal details, stating that key aspects are yet to be officially communicated in India. Chaturvedi emphasized that the US seems to have gained significant access to India’s market, as per statements made by President Donald Trump.
Chaturvedi also referenced Trump’s social media posts, where he mentioned aspects like reduced tariffs on Indian goods and the opening up of India’s markets in sectors like agriculture and coal. She pointed out the need for more transparency in the deal, contrasting the ruling BJP’s positive stance with opposition leaders’ calls for clarity.
India and the United States recently finalized a trade agreement, with the US lowering tariffs on Indian goods to 18 percent and India agreeing to ease trade barriers on American products. Prime Minister Narendra Modi welcomed the move, emphasizing the potential for ‘Made in India’ products to access global markets and enhance cooperation between the two largest democracies.
