Latest Trade Agreement News & Updates

New Delhi, Feb 13 (IANS) Leader of Opposition in the Lok Sabha, Rahul Gandhi, on Friday met leaders of several farm unions from across the country at the Parliament House. During the meeting, the farm union representatives expressed strong opposition to the India-US trade deal and conveyed their deep concern over the potential impact on farmers’ livelihoods, particularly those engaged in the cultivation of corn, soybean, cotton, fruits, and nuts.The leaders told the Congress leader that they f…

New Delhi, Feb 13 (IANS) Union Minister Shivraj Singh Chouhan on Friday accused Leader of the Opposition (LoP) in the Lok Sabha, Rahul Gandhi, of creating confusion over the India-US trade pact and said that under the leadership of Prime Minister Narendra Modi, the country’s food providers are safe, capable and strong. Taking to social media platform X, Union Minister Chouhan said, “Under the leadership of respected Prime Minister Narendra Modi ji, the country’s food provider is safe, capa…

New Delhi, Feb 12 (IANS) The amendments made in the White House factsheet for the India-US trade deal reflect the shared understandings of both countries in the joint statement, the Ministry of External Affairs said on Thursday. MEA spokesperson Randhir Jaiswal said during the weekly media briefing that India and the United States had agreed to a joint statement on the framework for an Interim Agreement on reciprocal and mutually beneficial trade. “This was issued on 7th February 2026. The joint…

New Delhi, Feb 11 (IANS) Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said that if an INDIA bloc government had negotiated an agreement with the US, it would have ensured an arrangement on “equal” terms and would not have allowed India to be treated “equal to Pakistan”, asserting that it would have taken every possible step to safeguard India’s energy security and farmers.Participating in the discussion on the Union Budget, Gandhi sought what he described as “creat…

Washington, Feb 11 (IANS) A Republican congressman from Louisiana has raised alarm over the potential impact of the new US–India trade framework on American shrimpers, warning that lower tariffs on Indian seafood could harm the domestic wild-caught industry.In a February 3 letter to President Donald Trump, Congressman Clay Higgins said he supports efforts to rebalance trade but voiced concern about consequences for Gulf Coast fishermen.“While I commend your leadership in securing the framewo…

Washington, Feb 10 (IANS) A new US–India trade framework announced last week is drawing strong backing from US lawmakers, with Kansas agricultural exporters and Kentucky’s bourbon industry emerging as early beneficiaries of provisions expanding access to the Indian market.Congressman Derek Schmidt of Kansas said the agreement reflects priorities he pushed with US trade officials last year, including market access for grain sorghum, dried distillers’ grains and soybean products.“The India…

New Delhi, Feb 7 (IANS) Reiterating that India has completely protected its agriculture and dairy sectors in the US trade agreement, Commerce and Industry Minister Piyush Goyal said on Saturday that the country now has lowest US tariffs among its neighbours as well as competitors.China has been imposed with over 35 per cent tariffs, while Bangladesh and Vietnam have been slapped with 25 per cent tariffs while India has a much lesser tariff now, the minister said during a press conference here.So…

New Delhi, Feb 7 (IANS) The US trade agreement framework represents a historic milestone for India’s textiles and apparel sector, industry leaders said on Saturday.On behalf of the entire textile and apparel industry, Dr A Sakthivel, Chairman of the AEPC (the official body of apparel exporters in India), welcomed the India-US joint statement on the trade deal. “The coming decade is poised to be India’s decade in textile trade, as the country emerges as one of the most preferred sourcing de…

New Delhi, Feb 7 (IANS) As the United States and India have finalised an interim trade agreement that cuts US tariffs on Indian goods to 18 per cent, senior Congress leader Jairam Ramesh on Saturday criticised the development, saying the US-India Joint Statement issued so far is silent on key details. Taking to social media platform X, Ramesh said, “The United States-India Joint Statement just issued is silent on details.”He added that, based on what has been revealed, India would no longer …

New Delhi, Feb 7 (IANS) The trade agreement will help India and the US remain focussed on working together to further deepen economic cooperation, reflecting shared commitment to sustainable growth for our people and businesses, Commerce and Industry Minister Piyush Goyal said on Saturday.India has reached a framework for an Interim Agreement with the US.“This will open a $30 trillion market for Indian exporters, especially MSMEs, farmers and fishermen. The increase in exports will create lakh…