Indian Farm Products to Enter US at Zero Duty, No Concessions for US Agriculture: Piyush Goyal

New Delhi: Union Commerce Minister Piyush Goyal on Saturday hailed the framework announced on the India-US trade agreement and said that this would bring huge benefits to farmers and Indian MSMEs He said, “Agricultural products from Indian farmers will be exported to the United States at zero duty. At the same time, no tariff concessions have been granted for agricultural products from US farmers entering the Indian market.” On the trade deal, the minister said it brings new hopes and opportunities in India’s growth story. “The 50% reciprocal tariff has been reduced to 18%, which is less compared to our…