India-US Historic Trade Deal: Economy to Benefit, Says Commerce Minister Piyush Goyal
Economy
C
CNBC Awaaz•03-02-2026, 17:57
India-US Historic Trade Deal: Economy to Benefit, Says Commerce Minister Piyush Goyal
- •Union Commerce Minister Piyush Goyal announced a historic trade deal between India and America, crediting PM Modi's leadership.
- •The deal, long-awaited and finalized after months of negotiations, is expected to significantly benefit India's economy and create new opportunities across sectors.
- •Goyal highlighted that the agreement addresses previous high tariffs (up to 50%) that impacted Indian exports and businesses.
- •The agriculture, dairy, MSME, and SME sectors were prioritized, ensuring their interests are protected and promoted.
- •Goyal criticized Rahul Gandhi and the opposition for allegedly misleading the public and hindering national progress, contrasting it with India's current economic growth.
Why It Matters: India and the US have finalized a historic trade deal, expected to boost India's economy and benefit key sectors.
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