
Union Commerce and Industry Minister Piyush Goyal moved quickly to underline the significance of the India US trade agreement after US President Donald Trump announced the deal, calling it a landmark moment for both countries and a turning point in bilateral ties.
“Congratulations to Prime Minister @NarendraModi ji and President @RealDonaldTrump, as well as to the people of India and the United States, on the landmark trade agreement,” Goyal wrote on X. “This reflects the power of two like-minded, fair-trading democracies working together for shared prosperity.”
He added, “Grateful to PM @NarendraModi ji and President @realDonaldTrump for their visionary and decisive leadership, and strong commitment to strengthening India–U.S. ties.”
Calling the agreement transformative, Goyal said, “This unlocks the power of two large democracies working together for the shared prosperity of their people. Both India and US are natural allies and our partnership will co-create technologies, co-develop solutions, and work together for peace, growth, and a brighter future for India and US.”
Highlighting domestic impact, he wrote, “This agreement unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs, and skilled workers to Make in India for the world, Design in India for the world, and Innovate in India for the world. It will help India get technology from the US.”
“It is not just a trade deal,” Goyal added. “It is a historic turning point that will reshape India–U.S. relations and accelerate our journey towards Viksit Bharat 2047.”
Congratulations to Prime Minister @NarendraModi ji and President @RealDonaldTrump, as well as to the people of India and the United States, on the landmark trade agreement. This reflects the power of two like-minded, fair-trading democracies working together for shared…— Piyush Goyal (@PiyushGoyal) February 2, 2026
India’s lead negotiator in tough talks
Behind the announcement lay months of sustained negotiations led by Goyal, who steered India’s position through multiple rounds of talks with Washington amid tariff threats and pressure over India’s energy ties with Russia. Throughout the process, Goyal consistently stressed that India would not compromise on its core economic interests.
In an interview with CNN-News18’s Rahul Shivshankar earlier this month, Goyal made it clear that India’s approach was rooted in fairness and strategic autonomy.
“We are not part of any China-centric blocs,” he said. “India believes in fair trade, not free trade at any cost.” He added that India’s ambition was to become a global manufacturing and services hub without undermining domestic industry.
Goyal emphasised that India was negotiating from a position of confidence. “India is today negotiating as a country that is among the fastest-growing large economies in the world,” he said, adding that trade agreements must be “win-win” and aligned with national priorities.
‘No more sticky issues’
As talks progressed, Goyal signalled growing convergence with Washington. In an exclusive interview with Hindustan Times, he said, “There are no more sticky issues,” indicating that negotiations were moving steadily toward closure.
He reiterated that India would not rush into any deal. “If the US is happy, they should be signing on the dotted line,” Goyal said in comments reported by CNBC-TV18, underscoring India’s insistence on balance and reciprocity.
Speaking to CNBC-TV18’s Parishit Luthra, Goyal said there was “good synergy about the India–US trade deal” and confirmed that he remained in regular touch with US Trade Representative Jamieson Greer.
The minister also linked the trade push with India’s broader economic strategy following the Union Budget, saying free trade agreements were being pursued to support exports, manufacturing, and services growth while protecting sensitive sectors.
Clear messaging, firm red lines
Throughout the negotiations, Goyal’s messaging remained consistent. India was open to deeper trade integration but would not accept terms that harmed farmers, MSMEs, or domestic manufacturing. He repeatedly stressed that trade agreements must strengthen India’s capacity to produce, innovate, and compete globally.
That clarity appears to have paid off. The reduction of US reciprocal tariffs to 18 percent, down sharply from the punitive levels imposed in late 2025, marks a diplomatic and economic win for New Delhi.
With the deal now in place, Goyal has positioned it not as a concession but as a partnership driven by mutual respect and aligned interests. His role as India’s lead negotiator helped translate political trust at the top into a concrete outcome, reinforcing India’s image as a confident, fair, and strategic player in global trade talks.
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