US President Donald Trump announced a new bilateral trade deal on Monday, stating India will slash tariffs and non-tariff barriers on US goods to zero immediately.

Union Ministers praise the historic India-U.S. trade deal, while Congress accuses PM Modi of capitulation amid new tariffs.

India-US trade deal: According to EAM S Jaishankar, the deal is set to boost job creation, spur economic growth, and promote innovation. Meanwhile, US President Trump, on Monday, said that the US and India have agreed to a trade deal with Washington reducing the reciprocal tariff from 25 per cent to 18 per cent. 

Defence Minister highlighted the deal as a major milestone in India-US relations, promoting stronger links and strategic collaboration. He also congratulated Prime Minister Narendra Modi and US President Donald Trump on the agreement.

New Delhi, Jan 27: India and the European Union today finalised a landmark Free Trade Agreement (FTA), hailed by Prime Minister Narendra Modi and European Commission President Ursula von der Leyen as the “mother of all deals.” The agreement marks India’s biggest trade pact with the 27-member EU bloc. The deal was concluded during delegation-level […]