The interim trade deal with the US will boost India’s exports and economy and in no way harms the country’s farmers and small and medium businesses, commerce minister Piyush Goyal emphasised on Saturday. The commerce minister listed out the products where US reciprocal tariff has been reduced from 50 per cent to zero. Several farm and food products grown by Indian farmers will also see sharp tariff reductions, with duties dropping to zero in some categories. Some people, who oppose Indian farmers and India, are aghast,” Goyal said. "At the same time, the interests of Indian farmers and the dairy sector have been fully safeguarded.

Source: The Telegraph February 07, 2026 09:39 UTC