Key facts
- US Trade Representative Greer completed a two-day visit to New Delhi
- Both sides reported 'substantial progress' but no deal signed yet
- Talks covered non-tariff barriers and market access
- India said it discussed 'pathways' to an interim trade deal
India and the United States have moved closer to a trade agreement after concluding multiple rounds of negotiations, with officials on both sides acknowledging substantial progress even as a final deal remains elusive. US Trade Representative Greer ended a two-day visit to New Delhi with discussions spanning non-tariff barriers, market access, and the architecture of a possible interim arrangement.
The talks mark one of the most intensive phases of bilateral trade diplomacy in recent years, taking place against the backdrop of the Trump administration's sweeping global tariff regime. India has been seeking to secure preferential terms before a broader tariff framework is locked in, while Washington is pressing New Delhi on agricultural access and digital trade rules.
Both delegations described the atmosphere as constructive, with India explicitly saying it discussed "pathways" to an interim deal — language that suggests a phased approach rather than a comprehensive agreement in a single stroke. Sticking points reportedly include non-tariff barriers that the US argues restrict American goods and services from the Indian market.
The outcome of these negotiations carries enormous economic weight for India. An interim deal could shield key export sectors — including pharmaceuticals, textiles, and IT services — from punishing tariffs, while failure to reach an agreement risks India facing the same steep duties imposed on other trading partners. Observers expect talks to continue at pace in the weeks ahead, with both sides under political pressure to show results.