‘Decisive push for Make in India’: UP CM Yogi Adityanath on India-US trade deal framework India News

Lucknow: Chief Minister of Uttar Pradesh Yogi Adityanath India on Saturday praised the interim framework of the US-India trade agreement and said it has given a decisive boost to India’s development Made in India. Yogi Adityanath termed the announcement of the framework as a “landmark step”, stressing that it will expand global market access for Indian products.He thanked Prime Minister Narendra Modi, praising his “decisive and dynamic leadership” in ensuring an “India first” deal. Yogi Adityanath said in an article published on the “We are grateful to the Honorable Prime Minister Narendra Modi for his decisive and dynamic leadership in ensuring a balanced, reciprocal and India-first agreement that aims to empower MSMEs, stimulate exports, strengthen supply chains and create new opportunities for youth,” he added. India and the United States have announced a framework for an interim agreement on mutually beneficial trade. The framework reaffirms the two countries’ commitment to the broader Bilateral Trade Agreement (BTA) negotiations launched by President Donald Trump and Prime Minister Narendra Modi on February 13, 2025, which will include additional market access commitments and support for more resilient supply chains, the joint statement said.According to the joint statement, the United States will impose an 18% reciprocal tariff on goods originating in India, including textiles and clothing, leather and footwear, plastics and rubber, organic chemicals, home furnishings, handmade products and certain machinery.The United States will also lift tariffs on certain Indian aircraft and aircraft parts that were imposed in response to national security threats, the joint statement said.The statement said India would eliminate or reduce tariffs on all U.S. industrial products and a variety of food and agricultural products, including distillers dried grains (DDG), red sorghum for animal feed, tree nuts, fresh and processed fruits, soybean oil, wine and spirits, and other products.India also intends to purchase US$500 billion worth of US energy products, aircraft and aircraft parts, precious metals, technology products and coking coal over the next five years.