#FirstpostNews: India-U.S. Trade Agreement Brings Export Boost, Zero Tariffs on Key Goods: Piyush Goyal
Calling it a “golden day” for India, Commerce Minister Piyush Goyal said the India–U.S. trade agreement marks a major step towards India’s goal of becoming a developed nation by 2047.
He said negotiations for the bilateral trade deal began in February 2025 with the aim of achieving $500 billion in annual trade between the two countries.
Under the agreement, several Indian exports including pharmaceuticals, gems and diamonds, smartphones, aircraft parts and machinery will receive zero-tariff access to the U.S. market. He added that many agricultural products such as spices, tea, coffee, coconut oil, cashew nuts, fruits and vegetables will also be exported at zero duty.
He said the deal fully protects Indian farmers, with no tariff benefits given to U.S. farm products and no approval for genetically modified imports, while creating new opportunities for Indian exporters in the wo

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