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India-US Trade Deal Nears End, But Not Imminent, Says USTR Greer
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CNBC TV18•02-10-2026, 08:14
India-US Trade Deal Nears End, But Not Imminent, Says USTR Greer
- •United States Trade Representative Jamieson Greer stated that the India-US trade deal is in its final negotiation phase, but an agreement is not imminent.
- •Greer described conversations with Minister Piyush Goyal as "very constructive," indicating both sides are "continually trying to finish the trade deal" and are "in the short strokes."
- •The comments followed a meeting between Goyal and Greer on the sidelines of the G20 Trade Ministers’ meeting, where Goyal noted a "productive discussion" towards a "mutually beneficial interim agreement."
- •Greer cautioned against expecting an immediate announcement, acknowledging that "sticking points" have been identified and are being addressed.
- •The progress follows a phone conversation between Prime Minister Narendra Modi and US President Donald Trump, who reviewed bilateral cooperation across various sectors, with a potential follow-up call to assess negotiation progress.
Key Questions Answered
United States Trade Representative Jamieson Greer stated that while the India-US trade deal is in its final negotiation phase and both sides are working through unresolved sticking points, an immediate or imminent agreement is not expected yet.
Commerce and Industry Minister Piyush Goyal met with United States Trade Representative Jamieson Greer on the sidelines of the G20 Trade Ministers' meeting in Milwaukee to discuss advancing an interim agreement under the bilateral trade pact.
Prime Minister Narendra Modi and US President Donald Trump held a phone conversation to review bilateral progress across trade, defence, energy, and critical technologies, agreeing to maintain close engagement.
