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India-US Trade Deal Nears End, But Agreement Is Not Imminent
India and the United States are trying to make a new trade deal.
A trade deal sets rules for how countries buy and sell goods to each other.
Jamieson Greer said the talks are in the “short strokes,” meaning they may be close to the end.
However, he said the agreement is not ready to be announced yet.
The two countries still need to solve some difficult issues.
These issues include market access and tariffs.
Donald Trump and Narendra Modi recently discussed trade and other areas of cooperation.
They may speak again soon to check how the negotiations are progressing.
US Trade Representative Jamieson Greer said India-US negotiations are in the “short strokes” and nearing completion.
Greer cautioned that no immediate agreement or announcement is expected because several sticking points remain.
Greer described discussions with Indian Commerce and Industry Minister Piyush Goyal as constructive.
US President Donald Trump and Prime Minister Narendra Modi may speak again soon to assess negotiation progress.
Remaining differences include market access, tariffs and US measures linked to India’s purchases of Russian oil.
- Who
- US Trade Representative Jamieson Greer, Indian Commerce and Industry Minister Piyush Goyal, US President Donald Trump and Prime Minister Narendra Modi.
- What
- India and the United States are negotiating a bilateral trade agreement and are working through remaining sticking points.
- Where
- Milwaukee, United States, during the G20 Trade Ministers’ Meeting.
- When
- Greer made the comments at the G20 Trade Ministers’ Meeting in Milwaukee; the reports were published October 2, 2026.
- Why
- The negotiations aim to resolve trade differences, expand economic cooperation and establish rules for bilateral trade.
India’s Economic Priorities
United States’ Trade Position
Terms of the agreement
India’s Economic Priorities
India is seeking an agreement that safeguards its economic interests while allowing broader trade and economic cooperation.
United States’ Trade Position
The United States is working to resolve the identified sticking points and complete the agreement.
Tariffs and trade measures
India’s Economic Priorities
India has raised concerns about new US tariff measures linked to its purchases of Russian oil and warned they could affect bilateral ties.
United States’ Trade Position
Greer said US tariffs and trade measures are intended to support American production and supply chains, rather than target individual countries.
Key facts
- Negotiation status
- Greer said the talks are in the “short strokes” and toward the end.
- Immediate agreement
- Greer said an agreement is not imminent.
- Remaining issues
- The sides have identified sticking points but have not publicly listed all of them.
- Reported differences
- Market access, tariffs and US tariff measures linked to India’s purchases of Russian oil are among the differences reported.
- Recent leaders’ call
- Trump and Modi discussed trade, defence, energy and critical technologies.
- Possible next call
- Greer said Trump and Modi may speak again soon to assess progress.
- Goyal’s visit
- Piyush Goyal was in the United States from September 29 to October 5 for trade discussions.
Quotes
Jamieson Greer
US Trade Representative discussing the status of negotiations with India
“We are continually trying to finish the trade deal with India. I would characterize it as we say in the US. We're in the, we're in the short strokes, so I think we're toward the end of it.”
thehansindia.com
news18.com
“At the same time, there's no, you know, I don't think there's something imminent, but we truly have identified the universe of items that are sticking points.”
thehansindia.com
Prime Minister’s Office
The Indian Prime Minister’s Office
“The leaders reaffirmed their commitment to advancing the India-US Comprehensive Global Strategic Partnership and agreed to maintain close engagement to deepen cooperation.”
news18.com
Sources
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