US President Donald Trump and Indian Prime Minister Narendra Modi are pictured in a mirror as they attend a joint press conference at the White House in Washington, DC, US, February 13, 2025. File Photo/Reuters
World
F
Firstpost03-02-2026, 20:55

Trump's Envoy Greer Hails India-US Trade Deal as 'Exciting Opportunity'

  • President Donald Trump's trade envoy Jamieson Greer described the India-US trade deal as an "exciting opportunity" despite final paperwork still being completed.
  • Greer confirmed that the broad contours and specifics of the deal are agreed upon, with India maintaining some protection for agricultural goods.
  • Union Commerce Minister Piyush Goyal stated the India-US trade deal is in its final stages, with a joint statement expected after technical processes.
  • Donald Trump announced the deal on Truth Social, claiming tariffs on Indian goods would be lowered from 50% to 18%.
  • Trump also claimed India agreed to halt Russian oil purchases and would cut tariff/non-tariff barriers to zero, committing to over $500 billion in US goods.

Why It Matters: India and the US have reached an "exciting opportunity" trade deal, with final details pending.

More like this

Loading more articles...