India-US Trade Deal 'Not Imminent' as 'Sticking Points' Stay, USTR Greer Says
- On Wednesday, Union Commerce and Industry Minister Piyush Goyal met United States Trade Representative Jamieson Greer in Milwaukee to hold a "productive discussion" on finalizing a "mutually beneficial interim agreement" under the India-US Bilateral Trade Agreement.
- Negotiators have worked to finalize this framework since February 7, 2026, with discussions focusing on removing reciprocal tariffs for sectors including generic medicines, gems, and aircraft parts.
- While Goyal claimed last week the pact was "done and dusted," US Section 301 tariffs and legislation punishing Russian oil purchasers could impose duties up to 100 percent on Indian goods.
- Concurrent with the trade talks, Indian Prime Minister Narendra Modi and President Donald Trump held a telephone conversation Wednesday to review progress in cooperation across trade, defense, energy, and critical technology sectors.
- External Affairs Minister S. Jaishankar expressed hope that a deal "would contribute to a better relationship," despite noting that concerns regarding "the issue of terrorism" and "self-centered" trade policies have strained ties.
25 Articles
25 Articles
Goyal and Greer hold ‘productive talks’ on India-US trade deal
Today’s fertiliser shortage could become tomorrow’s food crisis, commerce minister Piyush Goyal said at the G20 trade ministers’ meeting in Milwaukee, and on its sidelines he also held a “productive” discussion with US Trade Representative Jamieson Greer on early conclusion of the proposed India-US trade deal
India-US trade deal not imminent, sticking points identified: Trump trade envoy
US Trade Representative Jamieson Greer said he had 'a very constructive conversation' with Commerce and Industry Minister Piyush Goyal at the G20 trade ministers meeting in Milwaukee and that officials from US and India were continuing the conversation.
India-US trade deal: Goyal seeks early conclusion of interim deal in talks with US trade chief
The two countries are continuing discussions as India seeks terms that allow its exporters to remain competitive in the US market, while Washington pursues its broader trade and tariff objectives.
India-US trade deal 'not imminent' as 'sticking points' stay, USTR Greer says
US Trade Representative Jamieson Greer said the Trump administration is working with India to finalise a bilateral trade deal, but an agreement is not imminent. Greer said he had a “very constructive conversation” with Commerce Minister Piyush Goyal at the G20 trade ministers meeting and that officials remain engaged.
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