Indo-U.S. interim trade deal looks like ‘pre-committed purchase agreement’: Tharoor

Congress MP Shashi Tharoor criticized the India-U.S. interim trade deal, calling it a "pre-committed purchase agreement" that undermines reciprocity principles. He argued that India's commitment to buy $500 billion worth of American goods over five years effectively converts its trade surplus into a deficit and weakens India's negotiating power. Congress MP Tharoor also questioned the government's lack of clarity on how it will protect domestic industries, farmers, and MSMEs from potential negative impacts. He stated that the budget relies on information not yet disclosed to Parliament, raising concerns about accountability and transparency.