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India-US Trade Deal Creates Vast Opportunities, Lauded by Envoy

India's Ambassador to the US praised a new bilateral trade deal, stating it heralds an exciting new phase in the partnership and creates vast opportunities. The deal grants India lower tariff rates compared to Pakistan, which faces a 19% rate under a recent US order. Concurrently, External Affairs Minister S. Jaishankar is in the US for talks with Secretary of State Marco Rubio, focusing on strengthening critical mineral supply chains. Jaishankar also welcomed the trade agreement, highlighting its potential to boost jobs, growth, and innovation in both economies.

Key Points: India-US Trade Deal Announced, Lower Tariffs Than Pakistan

  • New India-US trade deal announced
  • Deal offers India lower tariffs than Pakistan
  • EAM Jaishankar meets US Secretary Rubio
  • Focus on critical mineral supply chains
  • Aims to create jobs and spur growth
2 min read

"Announcements herald an exciting new phase," Indian Envoy to US lauds deal

Indian Ambassador lauds new trade deal with US, creating jobs and growth. EAM Jaishankar meets US Secretary of State for critical minerals talks.

"A big WIN for a consequential partnership under the leadership of Prime Minister Narendra Modi and President Donald Trump. - Vinay Mohan Kwatra"

Washington DC, February 3

India's Ambassador to the US, Vinay Mohan Kwatra on Tuesday lauded the India-US deal, saying it would launch vast opportunities for both nations.

Kwatra said that the talks between US President Donald Trump and Prime Minister Narendra Modi herald an exciting new phase in the partnership between both nations.

In a post on X, he said, "A big WIN for a consequential partnership under the leadership of Prime Minister Narendra Modi and President Donald Trump. India and USA announce trade deal creating vast new opportunities for the two economies and the people of our two great nations. Today's announcements herald an exciting new phase in our partnership."

The deal gave India lower tariff rates than Pakistan. Under the Executive Order issued by US President Donald Trump on July 31, 2025, new reciprocal tariff rates were announced for Pakistan at 19%.

Meanwhile, External Affairs Minister S Jaishankar is set to hold talks with US Secretary of State Marco Rubio at the Department of State on Tuesday. The meeting is scheduled for 3:30 pm (US local time).

The meeting is part of Jaishankar's three-day visit to the United States, where he is participating in the inaugural Critical Minerals Ministerial on February 4, hosted by Washington.

Ahead of the ministerial, the US Department of State announced that Secretary Rubio will bring together partners from across the globe to strengthen cooperation on critical mineral supply chains.

The gathering will focus on enhancing international collaboration to secure reliable and resilient supply chains essential for economic and national security, technological leadership, and the energy transition.

Amid this visit, Jaishankar welcomed the recent India-US trade agreement, stating he "welcomed the announcements on bilateral trade."

In a post on X, he highlighted its benefits: "This will create more jobs, spur growth and promote innovation in both economies. It will strengthen 'Make in India' endeavours and encourage trusted technology ties."

- ANI

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Reader Comments

P
Priya S
While I welcome the deal, I hope the benefits actually reach the common people and small businesses, not just the big corporates. We've seen many "historic" agreements before. The proof will be in the implementation and job creation on the ground.
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Rohit P
The focus on critical minerals is very smart. In today's world, securing supply chains for tech and green energy is national security. Jaishankar sir's visit is timely. This partnership can make India a global manufacturing hub for new-age industries.
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Sarah B
Interesting to see the diplomatic focus. As someone working in the renewable sector, the collaboration on critical minerals for the energy transition is the most promising part. Hope it leads to tangible tech transfers and co-development.
V
Vikram M
Waah! A 19% tariff for Pakistan and a better deal for us? That's a clear diplomatic win. It sends a strong message about which relationship the US values more in the region. Our foreign policy is finally getting the respect it deserves.
M
Michael C
As an American businessperson with ties to India, this is very positive. Reducing trade barriers and building trusted tech ties will unlock so much potential for innovation in both our countries. Looking forward to the new opportunities.

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