India-US trade deal not imminent, but talks in ‘short strokes’, says USTR Greer
Jamieson Greer said Washington and New Delhi are still resolving sticking points on tariffs, energy and farm protections before an interim agreement.
- 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, 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.
13 Articles
13 Articles
U.S. trade representative Greer says deal with India not 'imminent' after Modi-Trump call
Ties between the U.S. and India have been under strain for over a year, and New Delhi faces fresh risk of up to 100% tariffs for continuing to buy Russian oil.
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.
India-US trade deal not imminent, but talks in ‘short strokes’, says USTR Greer
United States Trade Representative Jamieson Greer said President Donald Trump and Prime Minister Narendra Modi "may have another call very soon on this just to assess progress and where we are".
In Milwaukee, the two responsible for trade discussed an interim agreement. Washington talks about negotiations close to the conclusion, while the issues remain to be resolved. On the G20 table, food security, steel and forced labour were also discussed.
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