Breaking News: India‑US Trade Deal Finalized; Govt Readies Statement as Opposition Raises Questions in Lok Sabha

The India‑US trade deal has been finalized, with the U.S. reducing tariffs on Indian goods from 50 % to 18 %, marking a significant milestone in bilateral relations.

While the government welcomed the development, highlighting positive impacts on the stock market, the rupee, and manufacturing, opposition parties raised questions about the deal’s terms and beneficiaries, prompting a temporary suspension of Lok Sabha proceedings until 2:00 PM.

Government sources indicate that a formal statement on the deal will be issued today in Parliament, likely addressing concerns raised by opposition members. Parliamentary Secretary Kiran Rijiju reportedly met with Congress Deputy Leader Gaurav Gogoi and the Lok Sabha Speaker to seek a consensus on conducting the session smoothly and enabling discussion on the trade agreement.