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‘India-US trade deal a new era of Modi-Trump friendship’: Maharashtra CM Fadnavis
US President Donald Trump on Monday announced a steep cut in US tariffs to 18% from 50% under a trade deal with India.
Chairing a review meeting at his official residence, Chief Minister Devendra Fadnavis directed officials to organise the conference on a grand scale and utilise the platform to build a ‘Maharashtra Brand’ in medical wellness tourism. (File Photo)
Maharashtra Chief Minister Devendra Fadnavis has defined the trade agreement between India and the USA as the beginning of a new chapter of friendship, which will be fruitful and lasting.
In an official statement, the CM said, “The historic trade agreement between India and the USA is a true victory for the friendship between Honourable PM Narendra Modi ji and US President Donald Trump. This is a momentous occasion for global trade.”
US President Donald Trump on Monday announced a steep cut in US tariffs to 18 per cent from 50 per cent under a trade deal with India.
Among the world’s major exporting economies, Fadnavis said, “India enjoys a preferential tariff rate from the US. This marks the beginning of a new era in Indo-US friendship.”
According to Fadnavis, the deal opens exciting possibilities for Indian business and will benefit both nations.
“Maharashtra has always been a leader in exports, and now this deal will open new horizons for our business. Reciprocally, Maharashtra will receive investments in Data centers, AI, and frontier technologies, he stressed.
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