Neutral impactEconomy
India, US trade pact to come into operation once India gets comparative advantage: Piyush Goyal
Economic Times 56 min ago·29 Jul 2026, 4:13 pm
India's trade minister has stated that the country's first trade agreement tranche with the US will come into operation once India gains a comparative advantage. This means India is waiting for assurance from the US that the agreement will benefit Indian exporters.
The US had imposed a 10% tariff on India due to concerns over forced labor. India has participated in US investigations regarding these concerns. The trade agreement is expected to help India grow its exports and leverage the US market.
Investors should watch for further developments on the trade agreement and its potential impact on Indian exports and the broader market.
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