Congress Questions India-US Trade Deal Amidst Trump Announcements

Congress MPs will convene to discuss the India-US trade deal announced by Trump, questioning its economic and agricultural impact. Concerns include tariff reductions, market openness, and the cessation of Russian oil purchases. The ongoing parliamentary session features heated debates on national security and economic policies.

In a significant political development, Congress parliamentarians are set to assemble at the Congress Parliamentary Party office on Tuesday morning to deliberate on the newly announced India-US trade deal. The agreement, revealed by US President Donald Trump, aims to reduce tariffs on Indian exports from 25% to 18%.

Amidst the sweeping bilateral economic changes, Trump also claimed that India would halt its purchase of Russian oil, opting instead for energy imports from the United States and potentially Venezuela. The Congress party has expressed skepticism, demanding transparency and details of the deal, particularly concerning the agriculture sector's implications.

Parliament witnessed intense debates on Monday as opposition leader Rahul Gandhi referenced a memoir on Sino-Indian border tensions. This discourse, centered around national security and trade policies, continues as the parliamentary discussion on 'Thanks to the President's address' unfolds during the current Budget Session.

(With inputs from agencies.)