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Commerce Minister Piyush Goyal Meets U.S. Trade Representative Greer, Discusses Trade Deal

  • 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.
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ABP News broke the news in India on Wednesday, September 30, 2026.
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