Latest Trade Deal News & Updates

New Delhi, Feb 4 (IANS) The Lok Sabha was briefly adjourned five minutes after reconvening on Wednesday amid the constant ruckus created by the Opposition MPs. Speaker Om Birla urged the Opposition benches to let the Question House proceed; however, the MPs continued with their sloganeering. The House was subsequently adjourned till noon.Earlier in the day, Congress MP Manish Tewari submitted an adjournment motion notice in the Lok Sabha, seeking a discussion on the India-US trade agreement. Ind…

New Delhi, Feb 3 (IANS) India’s trade deal with the United States will not compromise the country’s agriculture and dairy sectors, Commerce and Industry Minister Piyush Goyal asserted on Tuesday following widespread criticism by the opposition. Implying that opposition parties have found the taste bitter even before the pudding has been brought out, the minister also pointed out that though formalities have been completed, the trade deal has not yet been inked.Washington does gain market acc…

New Delhi, Feb 3 (IANS) Congress MP from Chandigarh and former Union Minister Manish Tewari on Tuesday questioned the Central government regarding a potential agricultural trade agreement with the US.Speaking to the media here, Tewari noted that statements coming from the US “indicated that India’s agricultural market is being opened to American agricultural products, which could create a highly worrying situation for the country’s farming sector”. He said that the US Agriculture Secretary B…

New Delhi, Feb 3 (IANS) Commerce and Industry Minister Piyush Goyal said on Tuesday that the trade deal finalised by Prime Minister Narendra Modi with the US is the best among the neighbouring countries and will protect the interests of the country’s farmers, the dairy sector, and fishermen.Addressing a press conference, he said that the Prime Minister had used his friendship with US President Donald Trump to clinch a very good deal for India, giving priority to national interest.The trade deal …

Lucknow, Feb 3 (IANS) Bahujan Samaj Party (BSP) President Mayawati on Tuesday adopted a cautious approach on the India-US trade deal, saying that drawing conclusions at this stage would be premature.Mayawati said a meaningful assessment of the move would be possible only after its actual impact is seen on the ground, particularly on economically vulnerable sections of society.The BSP supremo, in a post on X, said that the trade agreements between India and the US involved several conditions and …

New Delhi, Feb 3 (IANS) Former Ambassador of India to Poland, Dr Deepak Vohra on Tuesday described the India-US trade deal as a significant diplomatic achievement, highlighting India’s patience, strategic restraint and firm protection of key domestic sectors during negotiations and termed it the “father of all deals”. Speaking exclusively to IANS, about the agreement, Dr Vohra said there were a few key takeaways from the development. He claimed that the American establishment had been strongly…

New Delhi, Feb 3 (IANS) The India-US trade deal will further expand and deepen trade between two of the largest economies of the world, Union Revenue Secretary Arvind Shrivastava said on Tuesday.In a statement, Shrivastava said the deal will create more opportunities for our labour-intensive and manufacturing sectors in the US market and give impetus to mutually-beneficial collaboration in high and advanced technology sectors.In a historic move, the US has announced a reduction in tariffs on Ind…

New Delhi, Feb 3 (IANS) Senior government officials on Tuesday welcomed the India-US trade deal, saying it has reduced uncertainty in the global economic environment and brought relief to Indian industry.Speaking at FICCI’s conference on Union Budget 2026–27, Secretary of the Department of Economic Affairs Anuradha Thakur said a ‘great deal of uncertainty’ was removed after the trade agreement was announced between India and the United States.“Despite growing geopolitical challenges ac…

Mumbai, Feb 3 (IANS) Market expert Sunil Shah on Tuesday termed the India–US trade deal a major sentiment booster for the Indian economy and capital markets, saying it has laid a strong foundation for long-term growth and strengthened India’s position in global trade. Reacting to the development, Shah said the agreement has had an immediate positive impact on market sentiment, which was clearly reflected in Tuesday’s sharp rally.“After the Budget, the market was slightly weak, but today …

New Delhi, Feb 3 (IANS) Opposition leaders on Tuesday mounted a sharp attack on the India-US trade agreement, raising concerns over the country’s ‘sovereignty’, transparency in decision-making, and the possible long-term impact on farmers, energy security and foreign policy. Leaders from the Congress party and Samajwadi Party questioned why key announcements were being made by US President Donald Trump instead of the Indian government and warned that the deal may disproportionately benefit the U…