Piyush Goyal
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India's "applied tariffs" to US only 7-8 pc, not humongous, Says Piyush Goyal
"Our applied tariff to America is likely seven or eight per cent. It's not huge," said Goyal, adding that most of the 17% average tariffs fall in areas that India does not import anything. He did not give out details of ongoing talks with the US, which has slapped a 26% "reciprocal tariff" on Indian exports.
India-US trade agreement talks progressing well; will be for good of both nations, Says Piyush Goyal
Goyal emphasized that he is in constant discussion with people representing different industries, such as agriculture, engineering, electronics, and textile industries, and other principal stakeholders. He mentioned there is a general euphoria regarding the prospect of the bilateral trade agreement, stating, "The discussions are ongoing. They are going well and will be for the benefit of both the United States and India."
Impact of US tariffs on India minimal as country diversifies exports kitty, reported by SBI
India's assertive policy in reshaping global supply chain strategies, especially through routes covering Europe, the Middle East, and the US, is underlined by the report.
Our approach is ‘India First’ in trade talks with US, says Piyush Goyal (Bus)
Posting on X (formerly Twitter), Goyal posted a picture of his meeting with Greer, reiterating that India's strategy in the trade talks would be based on the principles of "India First," "Viksit Bharat," and the Comprehensive Strategic Partnership between the two countries.
India to cross $800 billion in exports this year with major share of Services, Says Piyush Goyal
Speaking on the changing world order, the minister highlighted the government's strong commitment to supporting Indian exporters—both goods and services—by working day and night to protect their interests and strengthen the country's trade opportunities.
India's Trade Gap with China Soared from $2B to $40B During UPA Era, Says Piyush Goyal
Goyal blamed one of the great economic blunders of the 1990s—by India among others—on the choice of admitting China as a market economy and the admission of China to the World Trade Organization (WTO). But he observed that nations like India and the US are presently questioning Beijing's trade policies and predatory pricing on their own.
India's Trade Gap with China Soared from $2B to $40B During UPA Era, Says Piyush Goyal
Goyal blamed one of the great economic blunders of the 1990s—by India among others—on the choice of admitting China as a market economy and the admission of China to the World Trade Organization (WTO). But he observed that nations like India and the US are presently questioning Beijing's trade policies and predatory pricing on their own.
India Set to Become a $30-35 Trillion Economy in the Next Two Decades: Piyush Goyal
He highlighted that, with India’s rapid economic expansion, the country is set to become the world’s third-largest economy sooner than expected.
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