President Trump's Trade Deal with India Sparks Concerns Among Indian Farmers Over Tariff Reductions
President Trump has announced a new trade deal with India, which involves significant tariff reductions on U.S. industrial goods and agricultural products. The agreement, detailed in a joint statement, will see India eliminate or reduce tariffs on a wide range of U.S. food and agricultural products, including tree nuts, fresh fruits, soybean oil, wine, and spirits. In return, the U.S. will impose a reciprocal tariff rate of 18% on Indian goods such as textiles, apparel, leather, and certain machinery. Indian Prime Minister Narendra Modi has praised the deal for its potential to create jobs and open new opportunities. However, Indian farmer unions, particularly the Samyukt Kisan Morcha (SKM), have expressed strong opposition, labeling the deal as a 'total surrender' to American agricultural interests. They fear that the influx of cheap imports could severely impact local producers, especially in the fruit and soybean sectors. The SKM has called for a nationwide protest on February 12 to oppose the agreement...