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Hindustan Times
06-07-2025
- Business
- Hindustan Times
Rahul targets Modi over US trade deal and tariffs, Goyal hits back
Congress leader Rahul Gandhi on Saturday triggered a controversy as he said that Prime Minister Narendra Modi will 'meekly bow' to the tariff deadlines set by US President Donald Trump, in a reference to the India-US trade deal, prompting a sharp retort from Union commerce minister Piyush Goyal who accused the leader of opposition in the Lok Sabha and his party of spreading 'negativity'. Rahul Gandhi Earlier on Friday, Goyal said that India will only enter into trade agreements, including the proposed US Bilateral Trade Agreement (BTA), when they serve the country's national interests and offer mutual benefits. Reacting to the comments, Gandhi on Saturday said, 'Piyush Goyal can beat his chest all he wants, mark my words, Modi will meekly bow to the Trump tariff deadline.' In response, Goyal said that nobody took the Congress leader seriously anymore because of the negativity he and his colleagues spread. 'Nobody takes Rahul Gandhi seriously anymore because of the negativity he, his colleagues, and his party consistently spread. They have lost the confidence of the people of India, who have time and again rejected the Congress. Till today, they have not been able to come up with any positive agenda for the development of the nation...,' Goyal said, speaking to the reporters. He further stated that India negotiated keeping in mind the national interests, further stating that the country was self-confident and could compete with anyone in the world. 'India does not negotiate under deadlines; we negotiate keeping national interests in mind. National interest is paramount in all our work across the world... Today, India negotiates with a position of strength; we are self-confident and can compete with anyone in the world. This is not the India under UPA rule, which would beg for negotiations not under national interest...,' he said. On Friday, Goyal said that India's approach to international trade negotiations remains firm and principled. 'It should be a win-win agreement, and only when India's interests are safeguarded -- national interest will always be supreme -- and keeping that in mind, if a good deal is formed, India is always ready to engage with developed countries,' the minister stated. Goyal emphasised that India negotiates on its terms. The minister revealed that India is currently engaged in trade discussions with multiple countries across different continents. 'Discussions are ongoing with various countries — be it the European Union, New Zealand, Oman, the US, Chile, or Peru. Talks about agreements are underway with many nations,' he said. However, Goyal stressed that the multiplicity of negotiations does not mean India is in a rush to conclude deals. 'A Free Trade Agreement is only possible when there is mutual benefit,' he explained. 'India never enters into trade deals based on deadlines or time pressure. A deal is accepted only when it is fully matured, well-negotiated, and in the national interest,' Goyal stated.
India Gazette
05-07-2025
- Politics
- India Gazette
"Should understand dignity of LoP": Sudhanshu Trivedi slams Rahul Gandhi on India-US trade remarks
Raipur (Chhattisgarh) [India], July 5 (ANI): BJP MP Sudhanshu Trivedi on Saturday slammed Congress MP Rahul Gandhi over his remarks on India's trade negotiations with the United States and said he should understand the responsibilities that come with the post of Leader of the Opposition. Trivedi lashed at the LoP and said that it is beyond understanding why Rahul Gandhi was attempting to become a bigger 'Muhafiz.' Speaking to the mediapersons, Trivedi said, 'I think Rahul Gandhi should understand the dignity of the post of LoP. Even before this, he used the word 'surrender' for Prime Minister Narendra Modi. This word was not used even by Pakistan's PM, Defence Minister or Army chief of Pakistan, that India 'surrendered'. Even terrorists like Maulana Masood Azhar and Hafiz Saeed did not use the word.' 'It is beyond understanding why Rahul Gandhi is attempting to become a bigger 'Muhafiz' of Pakistan than Hafiz. I think a Congress spokesperson can explain this better,' said Sudhanshu Trivedi. The BJP leader also reacted to Shiv Sena (UBT) chief Uddhav Thackeray's 'BJP's flag only a piece of cloth used to clean utensils' statement and said, 'During the rule of the parties with which he is standing today, Pakistan's and ISIS flags were seen in Kashmir. I think before making such statements, he should be mindful of the dignity of any party.' 'We respect all parties. But during their rule, even the national flag was not respected. People with whom he is standing today ask where it is written that one needs to stand up for national anthem and respect national flag. So, I think if he analyses his own statement, he will be able to understand better that his party doesn't seem to be carrying out the great legacy of Balasaheb Thackeray that he is representing,' he added. Earlier in the day, Union Minister Piyush Goyal also hit back at Congress leader Rahul Gandhi's remarks on India's trade negotiations with the United States and stated that nobody took the Congress leader seriously anymore because of the negativity he and his colleagues spread. Meanwhile, Rahul Gandhi, reacting to Piyush Goyal's statement on India entering trade deals, stated that Prime Minister Narendra Modi will 'meekly bow' to theTrump tariff deadlines, referring to the India-US trade deal. Rahul Gandhi referenced a media report and wrote on X, 'Piyush Goyal can beat his chest all he wants, mark my words, Modi will meekly bow to the Trump tariff deadline.' Commerce and Industry Minister Piyush Goyal on Friday emphasised that India will only enter into trade agreements, including the proposed US Bilateral Trade Agreement (BTA), when they serve the country's national interests and offer mutual benefits. Speaking on the sidelines of the 16th Toy Biz B2B expo in New Delhi, Goyal made it clear that India's approach to international trade negotiations remains firm and principled. 'It should be a win-win agreement, and only when India's interests are safeguarded -- national interest will always be supreme -- and keeping that in mind, if a good deal is formed, India is always ready to engage with developed countries,' the minister stated. Goyal emphasised that India negotiates on its terms. The minister revealed that India is currently engaged in trade discussions with multiple countries across different continents. (ANI)
India Gazette
05-07-2025
- Business
- India Gazette
Nobody takes Rahul Gandhi seriously anymore because of the
New Delhi [India], July 5 (ANI): Union Minister Piyush Goyal hit back at Congress leader Rahul Gandhi's remarks on India's trade negotiations with the United States and stated that nobody took the Congress leader seriously anymore because of the negativity he and his colleagues spread. 'Nobody takes Rahul Gandhi seriously anymore because of the negativity he, his colleagues, and his party consistently spread. They have lost the confidence of the people of India, who have time and again rejected the Congress. Till today, they have not been able to come up with any positive agenda for the development of the nation...' Goyal said, speaking to the reporters here. He further stated that India negotiated keeping in mind the national interests, further stating that the country was self-confident and could compete with anyone in the world. 'India does not negotiate under deadlines; we negotiate keeping national interests in mind. National interest is paramount in all our work across the world... Today, India negotiates with a position of strength; we are self-confident and can compete with anyone in the world. This is not the India under UPA rule, which would beg for negotiations not under national interest...' he further added. Earlier today, Rahul Gandhi, reacting to Piyush Goyal's statement on India entering trade deals, stated that Prime Minister Narendra Modi will 'meekly bow' to theTrump tariff deadlines, referring to the India-US trade deal. Rahul Gandhi referenced a media report and wrote on X, 'Piyush Goyal can beat his chest all he wants, mark my words, Modi will meekly bow to the Trump tariff deadline.' Commerce and Industry Minister Piyush Goyal on Friday emphasised that India will only enter into trade agreements, including the proposed US Bilateral Trade Agreement (BTA), when they serve the country's national interests and offer mutual benefits. Speaking on the sidelines of the 16th Toy Biz B2B expo in New Delhi, Goyal made it clear that India's approach to international trade negotiations remains firm and principled. 'It should be a win-win agreement, and only when India's interests are safeguarded -- national interest will always be supreme -- and keeping that in mind, if a good deal is formed, India is always ready to engage with developed countries,' the minister stated. Goyal emphasised that India negotiates on its terms. The minister revealed that India is currently engaged in trade discussions with multiple countries across different continents. 'Discussions are ongoing with various countries -- be it the European Union, New Zealand, Oman, the US, Chile, or Peru. Talks about agreements are underway with many nations,' he said. However, Goyal stressed that the multiplicity of negotiations does not mean India is in a rush to conclude deals. 'A Free Trade Agreement is only possible when there is mutual benefit,' he explained. 'India never enters into trade deals based on deadlines or time pressure. A deal is accepted only when it is fully matured, well-negotiated, and in the national interest,' Goyal stated.. This approach reflects India's confidence in its negotiating position and its commitment to securing favourable terms for its economy and businesses. (ANI)
Malaysia Sun
05-07-2025
- Business
- Malaysia Sun
Modi will 'meekly bow' to Trump tariff deadline: Rahul Gandhi takes dig at Piyush Goyal's 'Do not make deals based on deadlines or time pressure'
New Delhi [India], July 5 (ANI): A day after Union Minister Piyush Goyal categorically stated that 'India never enters into trade deals based on deadlines or time pressure', Leader of Opposition in the Lok Sabha Rahul Gandhi on Saturday asserted that Prime Minister Narendra Modi will 'meekly bow' to theTrump tariff deadlines, referring to the India-US trade deal. Rahul Gandhi referenced a media report and wrote on X, 'Piyush Goyal can beat his chest all he wants, mark my words, Modi will meekly bow to the Trump tariff deadline.' Commerce and Industry Minister Piyush Goyal on Friday emphasised that India will only enter into trade agreements, including the proposed US Bilateral Trade Agreement (BTA), when they serve the country's national interests and offer mutual benefits. Speaking on the sidelines of the 16th Toy Biz B2B expo in New Delhi, Goyal made it clear that India's approach to international trade negotiations remains firm and principled. 'It should be a win-win agreement, and only when India's interests are safeguarded -- national interest will always be supreme -- and keeping that in mind, if a good deal is formed, India is always ready to engage with developed countries,' the minister stated. Goyal emphasised that India negotiates on its own minister revealed that India is currently engaged in trade discussions with multiple countries across different continents. 'Discussions are ongoing with various countries -- be it the European Union, New Zealand, Oman, the US, Chile, or Peru. Talks about agreements are underway with many nations,' he said. However, Goyal stressed that the multiplicity of negotiations does not mean India is in a rush to conclude deals. 'A Free Trade Agreement is only possible when there is mutual benefit,' he explained. 'India never enters into trade deals based on deadlines or time pressure. A deal is accepted only when it is fully matured, well-negotiated, and in the national interest,' Goyal stated. This approach reflects India's confidence in its negotiating position and its commitment to securing favourable terms for its economy and businesses. At the toy expo, Goyal expressed optimism about the growth potential of India's toy manufacturing sector, highlighting both domestic and international opportunities. 'I am sure with the high quality goods I am seeing here, they will all be finding good market with the whole gulf region all the 6 countries of the Middle East as they are today finding in nearly 153 countries in the world,' the minister said, praising the quality of Indian toy products. Goyal announced that the government is preparing additional support measures for the sector. 'We will soon be coming out also with the support program and incentive scheme to support the toy industry,' he revealed. The minister highlighted the enormous domestic market potential for toys in India, noting the country's demographic advantage. 'Considering that we have a market of 1.4 billion Indians who would like to use toys. At every age, there is a demand of toys,' Goyal observed. He characterized the toy industry as 'a growing sector which have eyes on the world,' indicating the government's confidence in the sector's export potential alongside domestic consumption. (ANI)
India Gazette
05-07-2025
- Business
- India Gazette
Modi will 'meekly bow' to Trump tariff deadline: Rahul Gandhi takes dig at Piyush Goyal's 'Do not make deals based on deadlines or time pressure'
New Delhi [India], July 5 (ANI): A day after Union Minister Piyush Goyal categorically stated that 'India never enters into trade deals based on deadlines or time pressure', Leader of Opposition in the Lok Sabha Rahul Gandhi on Saturday asserted that Prime Minister Narendra Modi will 'meekly bow' to theTrump tariff deadlines, referring to the India-US trade deal. Rahul Gandhi referenced a media report and wrote on X, 'Piyush Goyal can beat his chest all he wants, mark my words, Modi will meekly bow to the Trump tariff deadline.' Commerce and Industry Minister Piyush Goyal on Friday emphasised that India will only enter into trade agreements, including the proposed US Bilateral Trade Agreement (BTA), when they serve the country's national interests and offer mutual benefits. Speaking on the sidelines of the 16th Toy Biz B2B expo in New Delhi, Goyal made it clear that India's approach to international trade negotiations remains firm and principled. 'It should be a win-win agreement, and only when India's interests are safeguarded -- national interest will always be supreme -- and keeping that in mind, if a good deal is formed, India is always ready to engage with developed countries,' the minister stated. Goyal emphasised that India negotiates on its own minister revealed that India is currently engaged in trade discussions with multiple countries across different continents. 'Discussions are ongoing with various countries -- be it the European Union, New Zealand, Oman, the US, Chile, or Peru. Talks about agreements are underway with many nations,' he said. However, Goyal stressed that the multiplicity of negotiations does not mean India is in a rush to conclude deals. 'A Free Trade Agreement is only possible when there is mutual benefit,' he explained. 'India never enters into trade deals based on deadlines or time pressure. A deal is accepted only when it is fully matured, well-negotiated, and in the national interest,' Goyal stated. This approach reflects India's confidence in its negotiating position and its commitment to securing favourable terms for its economy and businesses. At the toy expo, Goyal expressed optimism about the growth potential of India's toy manufacturing sector, highlighting both domestic and international opportunities. 'I am sure with the high quality goods I am seeing here, they will all be finding good market with the whole gulf region all the 6 countries of the Middle East as they are today finding in nearly 153 countries in the world,' the minister said, praising the quality of Indian toy products. Goyal announced that the government is preparing additional support measures for the sector. 'We will soon be coming out also with the support program and incentive scheme to support the toy industry,' he revealed. The minister highlighted the enormous domestic market potential for toys in India, noting the country's demographic advantage. 'Considering that we have a market of 1.4 billion Indians who would like to use toys. At every age, there is a demand of toys,' Goyal observed. He characterized the toy industry as 'a growing sector which have eyes on the world,' indicating the government's confidence in the sector's export potential alongside domestic consumption. (ANI)
