Trump's Envoy Greer Hails India-US Trade Deal as 'Exciting Opportunity'
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Firstpost•03-02-2026, 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.
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