10 big things about India-US trade deal, Piyush Goyal gave information in Lok Sabha

central Commerce Minister Piyush Goyal shared the details of the trade deal between India and America in the Lok Sabha on Wednesday. The Union Minister said that in the negotiations for a trade agreement with the US, the Indian side has been successful in protecting the interests of its sensitive sectors, especially agriculture and milk. He said that in the trade deal with America, India’s major sensitivities in the food and agriculture sector have been fully taken care of. Here we will know about 10 important things about the information given by Piyush Goyal in Lok Sabha on India-US trade deal.

10 important points about India-US trade deal

1. The mega trade deal with America will be in the interest of both India and America.
2. The interests of the agricultural sector will be completely protected, farmers will not suffer any loss.
3. During the talks with the US, the Indian side was successful in protecting the interests of its sensitive sectors – especially agriculture and dairy.
4. After a year of negotiations, both sides were successful in finalizing a bilateral trade agreement.
5. On February 2, 2026, several issues of bilateral and international importance were discussed over phone between Prime Minister Narendra Modi and US President Donald Trump.
6. After talking to PM Modi, President Trump announced to reduce the tariff imposed on Indian exports to 18 percent.
7. In comparison to India’s current tariff, America is charging higher tariffs than many other competing countries.
8. This deal will increase India’s export competitiveness in the American market.
9. The agreement also provides significant comparative advantages to Indian exporters, especially in labor intensive sectors and manufacturing.
10. The details of the agreement will be announced after both sides complete the processes related to the trade agreement.

India signed 9 trade agreements in the last 6 years

Let us tell you that India has successfully completed 9 trade agreements in the last 6 years. This deal with America is the second biggest deal of this year. Just before the US, India had announced a free trade agreement with the European Union. India had signed a trade agreement with Oman, New Zealand and the United Kingdom in the year 2025. India had signed a trade agreement with EFTA in the year 2024, with Australia and UAE in the year 2022 and with Mauritius in the year 2021.

Latest Business News