Cong Questions Trade Strategy As India-US Agreement Enters Final Negotiation Phase

Jun 24, 2026, 05:50:27 PM | TOI.in

A political row has erupted as India and the United States move closer to finalising a landmark trade agreement. Congress leader Jairam Ramesh criticised the Modi government, citing a decline in India's trade surplus with the US and a widening trade deficit with China. His remarks come as US officials indicate that negotiations on the proposed trade pact are nearing completion. The agreement is expected to boost bilateral trade and support the ambitious goal of achieving USD 500 billion in India-US trade by 2030. Meanwhile, both governments continue discussions to conclude what could become one of the most significant economic agreements between the two countries.