Piyush Goyal explains India-US interim trade deal: Farmer’s interests protected, 18% tariffs

Union Commerce Minister Piyush Goyal explained the India–US Interim Trade Deal, highlighting how farmers’ and dairy sector interests remain protected while Indian exporters gain from lower tariffs, including an 18% rate on key goods. Goyal said several sectors will enjoy zero-duty access to the US market, creating fresh opportunities for exporters. The interim framework sets clear waivers and timelines, paving the way for a full bilateral trade agreement.