New Delhi, Feb. 7 -- Former G20 Sherpa and ex NITI Aayog CEO Amitabh Kant on Saturday hailed the India-US trade deal as the two countries released a joint statement on a mutually beneficial Interim Agreement aimed to unlock new opportunities for them.

In a post on X, Kant said that the India-US interim trade deal gives New Delhi an edge over rivals like Bangladesh and Vietnam as tariffs on Indian gods get slashed to 18%.

"India and the US interim trade deal slashes US tariffs on Indian goods to 18% from a severe 50%, unlocking massive opportunities for our exporters in textiles, pharma, gems, footwear and more," the former NITI Aayog CEO said.

Amitabh Kant further said that India will be able to secure its agriculture and dairy sectors...