The Congress party launched a scathing attack on Prime Minister Narendra Modi regarding the recent India-US interim trade agreement, labeling it a "surrender" of national interests and an "abject failure" of both his personal diplomacy and economic strategy.
Senior Congress leader Jairam Ramesh argued that despite the Prime Minister’s highly publicised "huglomacy" and attempts to woo President Trump — even campaigning for him in 2019 — the United States ultimately extracted far more concessions than it granted. Ramesh cited numerous independent analysts who have termed the deal a "sell-out" and a "humiliating cave-in," contradicting the narrative pushed by the government.
Furthermore, the Congress highlighted a discrepancy between the Indian government's portrayal of the agreement and the reality on the ground, calling it a "coerced opening" rather than a calibrated one.
Ramesh pointed out that while Trump has publicly touted his friendship with Modi, the deal nevertheless dealt significant blows to India's position, specifically noting that India's competitive advantage over Bangladesh in textile exports to the US has effectively vanished. The opposition party argued that these concessions were forced, dismissing the official propaganda as a desperate attempt to spin a deal that severely compromises India’s economic interests and self-esteem.
Also read: White House revises India-US deal factsheet a day after release