Breaking news:
Bankipur Bypoll Results 2026 Live: Prashant Kishor surges ahead in BJP bastion | Raj Thackeray questions Vivek Oberoi, Madhavan over patriotism: 'Why settle in Dubai?' | NTA seeks 24x7 protection for question papers with ₹7.5-crore contract after NEET row | Delhi High Court reassigns judge handling paper leak cases to anti-terror bench | IndiGo to halt London operations as Boeing 787 lease ends in October | Farmers' interests above politics, says Shivakumar at all-party Cauvery meeting
Logo

Piyush Goyal Hails India-US Trade Pact as Major Win, Slams Opposition Over Parliament Disruptions

Union Minister Piyush Goyal praised the India–US trade agreement as a landmark achievement under PM Modi while criticising the Opposition for stalling parliamentary discussion on the deal 

03-02-2026
image
   

Union Commerce and Industry Minister Piyush Goyal on Tuesday described the recently concluded India–United States trade agreement as the most advantageous deal India could have secured, crediting Prime Minister Narendra Modi’s leadership and diplomatic rapport with US President Donald Trump.

Goyal said the agreement would deliver broad economic benefits across multiple sectors, including agriculture, micro and small enterprises, manufacturing, textiles, IT, and leather industries. He claimed the pact strengthens India’s global economic standing and supports farmers, women entrepreneurs, and small business owners.

According to the minister, the successful conclusion of the trade pact followed months of intensive negotiations between Indian and American officials. He asserted that the outcome reflects India’s growing influence and negotiating power on the world stage.

Addressing criticism over the United States announcing the deal before India, Goyal explained that the timeline was influenced by Washington’s rollback of reciprocal tariffs imposed on Indian goods. He noted that the tariff reductions — reportedly lowered from nearly 50% to around 18% — required a US-led announcement, and added that a formal joint statement would follow once technical formalities are completed.

Responding to Opposition claims that Indian farmers and dairy producers could be adversely affected, Goyal insisted that these sensitive sectors had been fully safeguarded. He also drew parallels to India’s decision to stay out of the RCEP trade bloc, saying the government has consistently protected domestic interests.

The minister further criticised Opposition leaders, particularly Rahul Gandhi, accusing them of deliberately obstructing parliamentary proceedings when the government sought to explain the trade agreement in the Lok Sabha. He said the disruptions undermined meaningful debate on an issue of national economic importance.

Goyal reiterated that the deal reflects sustained diplomatic engagement and strategic policymaking, describing it as a strong boost to India’s economy and international credibility.

Image

Udhayanidhi Stalin's remark after 'Trisha' chants triggers political storm, T

A comment by Tamil Nadu Opposition leader Udhayanidhi Stalin during a public speech has ignited a po

Read More
Image

5 key reasons behind Prashant Kishor's stunning Bankipur bypoll victory over

Prashant Kishor's maiden electoral win in BJP's long-held Bankipur seat was driven by anti-incumbenc

Read More
Image

Dipke says Boston University scholarship, education loan funded US studies am

Facing questions over his family's finances, Cockroach Janta Party founder Abhijeet Dipke has said t

Read More