Following the announcement of the India–US tariff deal, Indian stock markets witnessed an unprecedented surge. The Sensex jumped 3,800 points, while Nifty gained 1,500 points at the opening.
The Congress targeted the Modi government after the announcement of the India-US trade deal, accusing it of creating “Trump-dependence.” Congress leader Jairam Ramesh took a sharp swipe at the Modi government over the India–US trade deal.
India’s Commerce Minister Piyush Goyal described the newly announced India–US trade deal as a historic transformation in bilateral relations, not just a routine trade agreement. Following talks between Prime Minister Narendra Modi and US President Donald Trump, reciprocal tariffs on Indian goods will be reduced.
US Commerce Secretary claims India-US trade deal collapsed because PM Modi didn’t make a crucial call to Trump. Could a single phone call have averted massive tariffs and salvaged the pact? The high-stakes story behind stalled negotiations unfolds.
India and the US are intensifying trade deal talks as leaders review strategic partnerships. Key sectors like agriculture, energy, and defense are discussed, with India urging the US to finalize the FTA promptly for mutual economic growth.
A delegation of officials from the United States will travel to India next week to give final touches to the India-US trade deal.
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