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		<title>India-US Trade Deal: &#8216;Friends are no more&#8230;&#8217;, Congress targeted India-US trade deal, Jairam Ramesh said &#8211; Namaste Trump is heavy.</title>
		<link>https://fastnewsglobe.com/india-us-trade-deal-friends-are-no-more-congress-targeted-india-us-trade-deal-jairam-ramesh-said-namaste-trump-is-heavy/</link>
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					<description><![CDATA[<p>The country&#8217;s politics has heated up regarding the interim trade agreement announced between India and...</p>
<p>The post <a href="https://fastnewsglobe.com/india-us-trade-deal-friends-are-no-more-congress-targeted-india-us-trade-deal-jairam-ramesh-said-namaste-trump-is-heavy/">India-US Trade Deal: &#8216;Friends are no more&#8230;&#8217;, Congress targeted India-US trade deal, Jairam Ramesh said &#8211; Namaste Trump is heavy.</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">The country&#8217;s politics has heated up regarding the interim trade agreement announced between India and America. Senior Congress leader Jairam Ramesh has reacted sharply to this deal and targeted both Prime Minister Narendra Modi and US President Donald Trump. He said through a post on the social media platform X that many important things are still not clear in the US-India joint statement, but the information has come to light. They raise concerns about India&#8217;s interests.</p>
<p style="text-align: justify;">According to Jairam Ramesh, after this agreement India will no longer import oil from Russia. He also claimed that America has made it clear that if India buys oil from Russia directly or indirectly, a punitive duty of 25 percent can be reimposed on it. The Congress leader says that this decision is like putting pressure on India&#8217;s energy security and independent foreign policy.</p>
<p style="text-align: justify;"><strong>Concern about the interests of farmers</strong></p>
<p style="text-align: justify;">The Congress leader alleged that under this deal, American farmers will be benefited at the expense of Indian farmers. According to him, India will make a big cut in tariffs on the import of American agricultural products, which may cause losses to domestic farmers. Jairam Ramesh called it a sensitive issue for the agriculture sector.</p>
<p style="text-align: justify;"><strong>Claim to change trade balance</strong></p>
<p style="text-align: justify;">Jairam Ramesh says that after this agreement, India&#8217;s annual imports from America can increase by almost three times. With this, India&#8217;s long standing surplus in goods trade will end. He called it a negative sign for India&#8217;s economy.</p>
<p style="text-align: justify;"><strong>Uncertainty on IT and services sector</strong></p>
<p style="text-align: justify;">The Congress leader also said that the situation regarding India&#8217;s IT and other service exports to America is not clear. According to him, there is no concrete guarantee regarding the service sector in this deal, due to which questions remain on the future of Indian IT companies and professionals.</p>
<p style="text-align: justify;"><strong>Accusation of high duty on Indian exports</strong></p>
<p style="text-align: justify;">Jairam Ramesh claimed that India&#8217;s commodity exports will now have to face higher tariffs in America than before. He says that this may weaken the competitiveness of Indian exporters.</p>
<p style="text-align: justify;"><strong>Political sarcasm and sharp remarks</strong></p>
<p style="text-align: justify;">At the end of his post, Jairam Ramesh took a dig at this entire incident and said that so many hugs and photo-ops did not yield any significant results. He wrote that Howdy Modi overshadowed Namaste Trump and friend was no longer a friend. This comment of the Congress leader is being considered as a direct political attack on the government&#8217;s America policy.</p>
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<p><a href="https://www.abplive.com/news/india/india-us-trade-deal-congress-leader-jairam-ramesh-comment-over-modi-trump-raising-questions-about-farmers-oil-imports-trade-deficit-3085719" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/india-us-trade-deal-friends-are-no-more-congress-targeted-india-us-trade-deal-jairam-ramesh-said-namaste-trump-is-heavy/">India-US Trade Deal: &#8216;Friends are no more&#8230;&#8217;, Congress targeted India-US trade deal, Jairam Ramesh said &#8211; Namaste Trump is heavy.</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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