{
  "id": 11354928,
  "title": "‘Universe of sticking points’: India-US deal not ‘imminent’, says US trade chief",
  "url": "https://urgent.news/2026/10/02/universe-of-sticking-points-india-us-deal-not-imminent-says-us-trade",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T04:12:34.000Z",
  "source": {
    "name": "The Indian Express",
    "slug": "the-indian-express",
    "url": "https://indianexpress.com/article/business/india-us-trade-deal-not-imminent-jamieson-greer-sticking-points-donald-trump-narendra-modi-piyush-goyal-10903357/"
  },
  "original_language": "en",
  "account": "USTR Jamieson Greer revealed on Thursday that India and the United States are in the final stages of negotiations for a trade deal, but the signing is not imminent as a \"universe of items that are sticking points\" have been identified. This came a day after Greer met with Commerce and Industry Minister Piyush Goyal during the G20 Trade Ministers Meeting in Washington. The significance of Greer's statement lies in the fact that the US is expected to release the outcomes of its second Section 301 trade investigation, which focuses on \"overcapacity\" and already imposed 10% tariffs on India for importing items produced using forced labor. Greer emphasized that the US and India are \"toward the end\" of the trade agreement talks and that the President and Prime Minister might have another call to assess progress soon. Additionally, the US now has fresh leverage on India due to the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which empowers the President to impose tariffs of up to 100% on countries that continue purchasing Russian oil and gas. Indian companies have been increasing investments in the US, with one example being Mesabi Metallics, which announced an $18-billion investment to build a fully integrated American steel company. However, the US has raised concerns about India's regulatory system, with a recent US Department of State report stating that while India welcomes foreign direct investment, US investors face obstacles such as economic nationalism, the risk of corruption, and actual corruption in regulatory systems. The report also mentioned that India's US direct investment stock reached $58.54 billion in 2024, a 3.37% decline from the previous year.",
  "summary": null,
  "key_points": [
    "India and US in final stages of trade deal negotiations",
    "US identifies numerous sticking points in talks",
    "US to release Section 301 investigation outcomes soon"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}