Historic US-India Trade Deal Boosts Global Economic Stability

Andhra Pradesh Chief Minister N Chandrababu Naidu praised the US-India trade deal as a significant step towards global economic stability. The agreement will reduce tariffs on Indian goods in the US from 25% to 18%. This move enhances economic ties between the nations and bolsters India's global position.

The recent US-India trade agreement is making waves across the globe. Hailed as a 'historic milestone' by Andhra Pradesh Chief Minister N Chandrababu Naidu, the deal is set to reduce reciprocal tariffs on Indian goods from 25% to 18%, marking a significant economic development.

President Trump's announcement followed a phone call with Prime Minister Modi, highlighting the deepening economic bond between the two nations. Naidu, in a post on 'X', emphasized that this visionary move strengthens ties between the world's two largest democracies and promotes global economic growth.

This landmark agreement is expected to boost India's export competitiveness significantly, providing vast opportunities for Indian youth and farmers, particularly in Andhra Pradesh. The trade deal showcases India's evolving role as a formidable global economic player.

(With inputs from agencies.)