Sergio Gor
India
M
Moneycontrol08-02-2026, 18:17

Sergio Gor Crucial to India-US Trade Deal, Says Piyush Goyal

  • Union Minister Piyush Goyal credits US Ambassador Sergio Gor for his "very important role" in the India-US interim trade agreement framework.
  • Goyal acknowledged Gor's efforts in finalizing and announcing the deal, calling him a "dear friend" and "well-wisher" of the India-US relationship.
  • The minister highlighted continuous engagement between PM Modi and President Trump, whose "spirit of friendship" guided negotiations.
  • The partnership extends beyond trade to defence, technology, critical minerals, and multilateral groupings like the Quad.
  • India will reduce tariffs on US products, while the US will impose an 18% reciprocal tariff on Indian goods, with future plans to remove duties on select items.

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