External Affairs Minister S Jaishankar on Tuesday welcomed the India-US trade agreement, saying it will spur growth in both economies and strengthen the country's 'Make in India' endeavours.
Jaishankar, who is on a three-day visit to the US to attend a Washington-led ministerial meeting on critical minerals supply chain, said he "welcomed the announcements on bilateral trade."
India and the US agreed to a trade deal under which Washington will bring down reciprocal tariffs on Indian goods to 18 per cent from the current 25 per cent, US President Donald Trump said on Monday after a phone conversation with Prime Minister Narendra Modi.
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