US trade chief Greer says India deal not 'imminent' after Modi-Trump call
New Delhi faces renewed risk of tariffs as high as 100% over its continued purchases of Russian oil.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
U.S. Trade Representative Jamieson Greer said a trade deal with India is not "imminent," despite a recent call between Indian Prime Minister Narendra Modi and President Trump, according to CNBC.
Ties between Washington and New Delhi have been under strain for more than a year, the report noted, with tensions centered partly on India's continued purchases of Russian oil.
India faces fresh risk of tariffs of up to 100% as a result of those oil purchases, adding pressure to trade negotiations between the two countries.
Greer's comments suggest that, despite high-level diplomatic contact between the two leaders, a resolution to the trade dispute remains some way off.
Further specifics on the state of the negotiations or a potential timeline for a deal were not included in the available source material.
Sources
- U.S. trade representative Greer says deal with India not 'imminent' after Modi-Trump call — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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