Brief by Shorts91 Newsdesk / 07:37am on 13 Feb 2026,Friday Business
India will receive zero tariff benefits on certain textile exports to the United States, similar to terms given to Bangladesh, Commerce Minister Piyush Goyal said. He stated that the proposed India–US trade deal will allow duty-free access for garments made using American cotton yarn. “If raw material is purchased from America… it will be available at zero reciprocal tariff,” he said. Goyal rejected claims that Bangladesh received better terms than India. He said details will be clearer after the interim agreement is finalised. He also said Indian farmers and exporters will gain as shipments to the US and other major markets increase. (PC: NDTV)