India-US commerce deal: Rahul Gandhi reacts to Piyush Goyal’s ‘nationwide curiosity’ comment; claims PM Modi to ‘meekly bow’ earlier than Trump | India Information – Instances of India

NEW DELHI: Congress chief Rahul Gandhi on Saturday claimed that Prime Minister Narendra Modi would “meekly bow” to US President Donald Trump, as New Delhi weighs its pursuits amid ongoing commerce talks with Washington.Gandhi’s comment was a response to Commerce and Business minister Piyush Goyal’s assertion, the place he mentioned: “We’re not working in the direction of any particular deadlines, we’re working in the direction of nationwide curiosity”. Trump has set July 9 because the deadline for commerce agreements.

“Piyush Goyal can beat his chest all he desires, mark my phrases, Modi will meekly bow to the Trump tariff deadline,” Gandhi wrote on X.

The Congerss chief’s submit on X

India will enter right into a commerce settlement with the US provided that its pursuits are protected and it is ready to maintain a tariff benefit over its opponents, whereas prioritising the pursuits of farmers, commerce and business minister Piyush Goyal mentioned Friday.

Trump had imposed reciprocal tariffs on practically 100 international locations however agreed to a 90-day pause that’s to finish Tuesday. India was slapped with 26 per cent reciprocal tariffs. There may be uncertainty over whether or not India and US can comply with an early tranche or a mini deal earlier than that whilst a complete bilateral commerce settlement is negotiated by Fall (Sept-Oct) after a gathering between Trump and PM Modi. For India, decreasing tariffs on farm merchandise, resembling maize and soybean, in addition to dairy merchandise is a priority.Whereas Goyal didn’t get into the specifics, he mentioned India won’t compromise the pursuits of farm and dairy sectors. “Farmers’ curiosity is at all times paramount for Modi authorities. In any negotiation we have now achieved, you will have seen UK, Australia, Mauritius, EFTA and UAE agreements, India’s farmers have been protected.” The federal government has shunned providing concessions in main agricultural merchandise, however for US, it’s the important focus. Whereas some authorities officers mentioned US calls for weren’t very clear, for India, Goyal mentioned Indian expectations for obligation concessions in labour-intensive sectors have been the main target of the commerce deal. India hoped for obligation concessions in leather-based, footwear, textiles and a few auto components in return for lowering levies on vehicles and American whiskey.