Yogi Adityanath Hails India-US Interim Trade Framework, Boosts Make in India Initiative
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Yogi Adityanath Hails India-US Interim Trade Framework, Boosts Make in India Initiative

UP CM Yogi Adityanath praises the India-US interim trade framework, calling it a landmark step for Make in India. The agreement expands market access, strengthens exports, and supports MSMEs and farmers.

by Desk

Uttar Pradesh : Chief Minister Yogi Adityanath praised the interim framework for the US-India trade agreement on February 7, calling it a major milestone for the Make in India initiative. He described the announcement as “a landmark step” that will significantly expand global market access for Indian products.

In a post on X, Yogi Adityanath expressed gratitude to Prime Minister Narendra Modi, lauding his “decisive and dynamic leadership” in securing an India-first trade agreement. He stated that the framework strengthens the India-US economic partnership, provides a boost to MSMEs, energizes exports, safeguards farmers and rural livelihoods, and creates new opportunities for youth.

The framework, jointly announced by India and the United States, establishes a reciprocal and mutually beneficial trade arrangement as part of ongoing Bilateral Trade Agreement (BTA) negotiations initiated in February 2025. The agreement covers additional market access and aims to develop more resilient supply chains between the two nations.

Under the agreement, the US will impose a reciprocal tariff rate of 18% on Indian-origin goods, including textiles, apparel, leather, footwear, plastics, rubber, organic chemicals, home décor, artisanal products, and certain machinery. Tariffs on some aircraft and aircraft parts previously imposed for national security reasons will also be lifted.

Also read : Uttar Pradesh CM Yogi Adityanath Takes Strict Action Against Chinese Manjha Deaths

India, in return, will eliminate or reduce tariffs on US industrial goods and a wide range of food and agricultural products, including dried distillers’ grains (DDGs), red sorghum, tree nuts, fresh and processed fruits, soybean oil, wine, and spirits. Additionally, India plans to purchase USD 500 billion worth of US energy products, aircraft and aircraft parts, precious metals, technology products, and coking coal over the next five years.

The framework is expected to strengthen bilateral trade, support India’s manufacturing sector, and enhance economic cooperation between the two countries.

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