Commerce Minister Piyush Goyal can give information in Parliament on the India-US trade agreement and the announcement made by President Trump regarding tariffs. According to sources associated with Goyal, who is returning to Delhi from Mumbai, he may give a statement on the India-US trade agreement in Parliament on Tuesday.
American reduced the tariff on India to 18 percent
US President Donald Trump said after a phone conversation with Prime Minister Narendra Modi on Monday that India and America have agreed on a trade deal. Under this, Washington will reduce the reciprocal duty on Indian goods from the current 25 percent to 18 percent.
On this, Prime Minister Modi has said that he is happy that there will now be a lower duty of 18 percent on Made in India products. He said that on behalf of the 140 crore people of India, many thanks to President Trump for this wonderful announcement.
