‘Mark My words...,' Says Rahul Gandhi on Indo-US Trade Deal
- U.S. President Donald Trump warned that if a trade agreement is not finalized by July 9, 2025, a 26% tariff will be applied to all Indian imports starting next week.
- The tariff threat follows prolonged trade talks with roadblocks over import duties on auto parts, steel, and farm products, amid India's resistance to opening some sectors and demand for favorable terms.
- Union Commerce Minister Piyush Goyal stated on July 4, 2025, that India engages in trade discussions only on its own terms and will accept agreements that are mature, mutually beneficial, and protect national interest.
- Goyal stated that trade agreements can only succeed if they provide mutual advantages and benefit both parties involved, emphasizing that India prioritizes the quality and thorough completion of deals over adhering to strict deadlines.
- Negotiations continue with multiple countries including the U.S., and India’s stance suggests it will accept a trade deal only when fully finalised and aligned with its long-term priorities and national interests.
22 Articles
22 Articles
India does not enter trade deals based on deadlines: Piyush Goyal on negotiations with US
India does not enter into trade deals based on deadlines, Union Commerce Minister Piyush Goyal said on Friday amid ongoing negotiations between India and the United States, PTI reported.“We only agree to a trade deal when it is done properly, is completely finalised and is in the national interest,” he said while addressing reporters on the sidelines of an event in New Delhi.The minister added that India was also in talks for trade agreements wi…
‘Mark my words...,' says Rahul Gandhi on Indo-US trade deal
Congress MP Rahul Gandhi's remark came in response to Union Minister Piyush Goyal’s claim that India would accept the proposed trade deal with the US only when it is in the national interest and fully finalised.
'India won't negotiate based on timelines': Goyal on India-US trade deal ahead of July 9 deadline
Earlier, sources had said that the India-US trade deal will conclude in the next few days as an Indian delegation has returned from Washington after holding high-level talks with officials from the Trump administration
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