US Trade Deal : People Criticized Tariffs But We Remained Patient, And Results Are Now Visible Says PM Narendra Modi

3rd February 2026 at 11:53 AM

1 minute read

New Delhi : Prime Minister Narendra Modi on Tuesday told NDA MPs that India’s landmark trade agreement with the US was the result of sustained patience. Addressing the NDA Parliamentary Party meeting, he said the deal had created a favourable economic environment and demonstrated the government’s steady approach to global trade talks.

People criticised the tariffs, but we remained patient, and the results are now visible,” the Prime Minister said. The world order is changing, and its trajectory is increasingly tilting towards India. I have been saying this at various global platforms, and today we are seeing India benefit even amid trade tensions across many countries, he added. PM Modi also urged MPs to ensure full attendance in Parliament and actively participate in discussions, stressing the importance of effectively communicating the government’s work to the public.

Notably, the two sides have been locked in negotiations since early 2025, but the talks derailed after the US slapped tariffs as high as 50% on Indian imports in August. After a brief pause, the negotiations resumed in October, but the two countries could not reach the finish line. The stock market joined the euphoria around better trade flows between the two large economies. Rupee appreciated against the dollar and government bond yields fell.

Industry and political leaders have welcomed the India-US trade deal which can deepen supply-chain integration, enable faster technology collaboration, and attract investment into advanced manufacturing. The US trade deal has created a positive environment. People were criticizing, but we remained patient, and that patience has paid off. Now, manufacturing should increase, and quality products should be made in the country.

All MPs should be present in the House and participate in the discussions, PM Modi said at the NDA parliamentary party meeting. He added, I had said that the world order is changing. This is evident after COVID, and today the world order is shifting in India’s favor.