Historic India-US Trade Deal: A New Era in Global Geopolitics

The India-US trade agreement announced by President Trump, with reduced tariffs and halted Russian oil imports, is celebrated by BJP's Baijayant Panda as a historic deal that will redefine global trade and stabilize geopolitics, though Congress questions its implications for India's agriculture sector and industries.

In a significant development, BJP National Vice President Baijayant Panda lauded the 'historic' India-US trade agreement, emphasizing its potential to redefine bilateral trade and create a positive global impact. The deal, according to Panda, will contribute to geopolitical stability amidst the dynamic international scenario.

Prime Minister Narendra Modi and President Donald Trump were instrumental in this development. Modi was felicitated by NDA MPs following the announcement, while Trump revealed that the US will reduce reciprocal tariffs to 18%, highlighting a gesture 'out of friendship and respect' for Modi. Additionally, India agreed to cease purchasing Russian oil, opting instead for energy collaboration with the US and potentially Venezuela.

Amid these celebrations, Congress expressed concerns, demanding full disclosure of the deal's terms. They raised critical questions about India's commitment to reducing tariffs to zero and opening the agriculture sector to the US. The party voiced apprehensions regarding the potential impact on Indian industries and farmers' interests.

(With inputs from agencies.)