India-US trade deal not imminent, but talks in ‘short strokes’, says USTR Greer
Greer said Washington and New Delhi are working through sticking points on tariffs, energy and agriculture as talks on an interim agreement continue.
- United States Trade Representative Jamieson Greer signaled on Thursday that a trade deal with India is not imminent, as Washington and New Delhi continue working to resolve the "universe of items that are sticking points."
- Tensions over India's continued reliance on Russian oil have strained ties for over a year, with the United States threatening up to 100% tariffs against New Delhi for purchasing Moscow's energy supplies.
- Indian Commerce Minister Piyush Goyal met Greer in Milwaukee on Wednesday to negotiate the India-US Bilateral Trade Agreement, discussing an "early conclusion" of a "mutually beneficial interim agreement."
- President Donald Trump and Prime Minister Narendra Modi reviewed bilateral cooperation across trade and energy during a "productive" phone conversation Wednesday, agreeing to maintain close strategic engagement.
- Ronak D. Desai, a visiting fellow at the Hoover Institution, notes that negotiators may be reaching the limits of trade complementarities, as Goyal and Greer prioritize different sets of unresolved issues.
14 Articles
14 Articles
Trump-Modi Call Fails To Speed Up US-India Trade Talks
A US-India trade agreement is not expected to be finalized soon despite a recent call between President Donald Trump and Prime Minister Narendra Modi, according to US Trade Representative Jamieson Greer. 💡Greer described the Trump-Modi conversation as constructive but said negotiators had identified the remaining issues preventing an agreement. Indian Commerce Minister Piyush Goyal struck a more optimistic tone after meeting Greer, saying discu…
India-US trade deal not imminent, PM Modi-Trump may hold another call soon: US trade representative
India and the US are nearing the final stages of a significant trade agreement, with expectations of its announcement imminent. US Trade Representative Jamieson Greer revealed that teams are actively working through residual challenges. Union Minister Piyush Goyal engaged in talks with Greer during the G20 Trade Ministers' Meeting to expedite the deal. A forthcoming call between PM Modi and President Trump is likely to evaluate the progress.
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