India-US trade deal 'not imminent'; USTR Greer says 'sticking points' identified
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.
US Trade Representative Jamieson Greer has stated that he does not expect an imminent trade deal with India, noting that "the universe of items" acting as sticking points have been identified. Speaking at a press conference following the G20 Trade Ministers’ Meeting in Milwaukee, Greer hinted at a potential phone call between President Donald Trump and Prime Minister Narendra Modi to review the trade deal's progress soon.
Greer met with Commerce and Industry Minister Piyush Goyal on the sidelines of the G20 event on Wednesday, having a "productive discussion" on the early conclusion of an interim trade agreement. Both sides are working diligently to finalize the pact. Greer emphasized that while a deal is still in progress, they are inching closer to completion.
President Trump and Prime Minister Modi had a constructive call on Wednesday morning, according to Greer. The US Trade Representative stressed that identifying the sticking points does not imply the deal is near its end, but rather that they are nearing the final stages.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
