IT-BT Budget Round Table 2025: ‘Don’t see any cause for worry’, says Piyush Goyal on Trump’s tariff war

Commerce Minister Piyush Goyal believes it is too early to worry about the potential impact of punitive tariffs on imports from India as imposed by US President Donald Trump, citing a strong historical relationship between the two countries. He also mentions India’s alignment with the US on issues like illegal immigration and highlights the disparity in formal trade numbers, pointing out the significant financial contributions made by Indian students in the US. Goyal emphasizes that India will only sign trade treaties if they serve the national interest, prioritizing national interest over deadlines for such agreements.

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