India to receive same garment benefits as Bangladesh under U.S. trade pact: Goyal
India and the United States have agreed to provide concessional duty access for garments made using American yarn and cotton under their trade agreement, similar to benefits already offered to Bangladesh. Commerce and Industry Minister Piyush Goyal stated that this will benefit Indian companies as well. The agreement is expected to be implemented in March and could potentially impact India's cotton farmers. Meanwhile, the minister also highlighted the potential of free trade agreements to boost India's medical device industry by providing access to developed markets.
16 FEB 2026
— The Hindu
The Congress party accuses Prime Minister Modi of signing an interim trade agreement that they claim undermines India's economic self-reliance and benefits American agricultural producers.
17 FEB 2026
— The Hindu
The PDP in Jammu and Kashmir called for an all-party meeting to address the potential economic hardship of the apple sector due to the impact of the India-U.S. trade deal.
— The Hindu
Kharge, Rahul, to meet Congress leaders from five States and J&K on February 20 to plan strategy against India-U.S. trade deal
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