US-India Trade Deal: Trump Aide Claims Boost for American Farm Goods, India Seeks Details
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News18•03-02-2026, 09:45
US-India Trade Deal: Trump Aide Claims Boost for American Farm Goods, India Seeks Details
- •US Secretary of Agriculture Brooke Rollins announced a new US-India deal to increase American farm product exports to India, aiming to boost rural American economy.
- •Rollins stated the deal would help reduce America's agricultural trade deficit with India, which was $1.3 billion in 2024.
- •The announcement followed US President Donald Trump's claim of a trade deal with India, including tariff reductions and India ceasing Russian oil purchases, months after imposing 50 percent tariffs on Indian goods.
- •India's Congress party demanded full details of the deal, questioning the opening of the agriculture sector, reduction of tariffs to 'zero', and the alleged halt on Russian oil purchases.
- •Congress expressed concerns that reducing tariff and non-tariff barriers to 'zero' could negatively impact Indian industry, traders, and farmers.
Why It Matters: A new US-India trade deal aims to boost American farm exports, but India's Congress seeks full transparency.
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