New Delhi, June 24 -- As India and the United States enter the final stages of the trade agreement talks, senior Congress leader Jairam Ramesh on Wednesday slammed the Centre for a fall trade surplus with the US and a rise in trade deficit with China.

Sharing an X post, Jairam Ramesh termed economics under Prime Minister Narendra Modi as a tool to "appease the US and capitulate to China."

"India's goods trade surplus with the USA in 2025-26 was USD 34.4 billion as compared to USD 40.1 billion in 2024-25. India's goods trade deficit with China in 2025-26 was USD 112.2 billion as compared to USD 99.2 billion in 2024-25. Modinomics = Appeasement of USA + Capitulation to China," the Congress MP wrote.

Congress has been critical of the trad...