JAMIESON GREER
China confirms discussions are underway on a historic Xi-Trump-Putin meeting
Beijing has officially indicated it is coordinating a meeting between the leaders of China, the U.S., and Russia. This historic gathering may take place in Shenzhen later this month during a regional summit. Experts suggest the discussions will likely be superficial and primarily focused on optics rather than substantive issues. Both the U.S. and China are dealing with ongoing trade tensions and disagreements over multiple topics.
Trump's midterm election setback may fast-track India-US trade deal within two months says founder, GTRI
Ajay Srivastava, Founder of the Global Trade Research Initiative (GTRI) said the election results could push Trump to focus more on trade negotiations and expedite the proposed agreement with India.
Canada says US midterms won't change trade stance, sees talks with American officials
A senior Canadian cabinet minister stated that the US midterm election results will not affect trade negotiations. Dominic LeBlanc mentioned he would soon communicate with US officials regarding trade matters. President Trump suggested that a trade deal with Canada is close, but significant work remains. Canadian Prime Minister Mark Carney confirmed that certain US demands have been scaled back.
US official warns EU Airbus loan puts trade deal at risk
A US-EU tariff truce could be at risk after the European Investment Bank approved 3 billion euros ($3.4 billion) in financing for Airbus to support research and development. US Trade Representative Jamieson Greer criticised the loan, calling for greater clarity and a swift resolution. The dispute revives longstanding tensions over alleged subsidies to aircraft manufacturers Boeing and Airbus.
India-US trade deal enters fine-tuning stage as most talks conclude, says Piyush Goyal
India and the US are refining their bilateral trade agreement after concluding most discussions on the deal. Commerce Minister Piyush Goyal indicated significant progress has been made towards finalizing the agreement. Recent talks have involved high-level meetings between officials from both nations, focusing on tariff reductions and trade frameworks. Goyal is currently leading a significant delegation to the Netherlands and Germany to promote bilateral business ties.
India-US trade deal ‘pretty close’, Trump says; will be very different from earlier pacts
The US and India are reportedly close to finalizing a new trade deal. President Donald Trump indicated that this deal would be significantly different from prior agreements. Secretary of State Marco Rubio's visit to India aims to strengthen various bilateral relations. Commerce Minister Piyush Goyal recently engaged with US Trade Representative Jamieson Greer to discuss the trade deal. The discussions follow the recent framework finalization of the bilateral trade agreement.
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What is holding up the US-India trade deal?
US Secretary of State Marco Rubio will visit India next week to strengthen bilateral relations and discuss trade issues. His meetings will take place in Mumbai and Jamnagar, focusing on investment and energy. The two countries have faced considerable delays in finalizing a trade agreement due to several ongoing challenges.
India-US trade pact in last leg of legal drafting, says Piyush Goyal
India is currently in the final stages of legal drafting for a trade agreement with the US, which is expected to be operational soon. The agreement, following sessions with US trade representatives, aims to ensure preferential access for Indian exporters. Indian officials hope for tariff stability and seek resolution on outstanding issues before the deal is signed.
India, US lock first phase of trade pact; legal drafting underway: Piyush Goyal
Commerce and Industry Minister Piyush Goyal announced the finalization of the first phase of the India-US trade pact. This phase is currently undergoing legal drafting, with hopes for quick finalization and operationalization. He emphasized the need for India to secure a competitive advantage over its peer countries before implementation. Additionally, Goyal stated the free trade agreement with the European Union will be signed in December.
'Big picture, big framework, big items are done': Sergio Gor says India-US trade deal very close ahead of Marco Rubio's visit
The trade agreement between India and the United States is close to fruition, with major issues largely settled. US Ambassador Sergio Gor conveyed optimism about achieving a swift conclusion as negotiations advance. For the past eighteen months, both countries have explored trade impediments and tariffs, focusing on particular products and their rates. The impending visit from US Secretary of State Marco Rubio could further facilitate this trade pact.
US trade deal to be finalised as 'circumstances have changed': Piyush Goyal
India is reassessing its interim trade agreement framework with the US in light of recent global shifts. Commerce minister Piyush Goyal indicated that negotiations are active with nations like Mexico, the UK, and Canada. Additionally, alternative trade discussions are being held with several countries. The export statistics up to September reflect strong performance, indicating optimistic prospects ahead.
ETSA champions show the great Indian dream is all home-brewed and visa-free: Union Minister Piyush Goyal
In a candid conversation with ET’s Deepshikha Sikarwar, he spoke about India’s trade deals, India-US relations, foreign investment, and how Indian businesses will benefit from the restrictions on the green card programme.
MP & former FS Shringla highlights significance of Russian oil supplies in interests of India’s 1.4 billion people & keeping global energy prices under control
Harsh Vardhan Shringla has defended India’s Russian oil imports, warning that stopping purchases could push up global energy prices and undermine the country’s energy security. The Rajya Sabha MP also flagged uncertainty over US tariffs, Section 301 investigations and potential duties linked to Russian oil sanctions, as India-US trade talks face an impasse. He also outlined conditions for India-China ties.
India joins US, 13 economies in joint statement to address global excess capacity after G20 meeting
India, along with the United States and 13 other economies, has signed a joint statement aiming to address structural excess capacity. The participating economies emphasized the importance of eliminating non-market policies that distort economic conditions. They acknowledged the growing challenges posed by excess capacity in manufacturing sectors, which hinders market-based investments. The countries committed to cooperating and sharing information to mitigate the negative impacts on trade and jobs.
What will happen to economy if India-US FTA doesn't happen? RBI Governor reveals
"The impact depends on to what extent tariffs are going to be applied. So, it's premature to answer. But obviously it will have some negative impact," Malhotra said during the post-monetary policy press conference in response to a query on the impact on the economy if the trade deal with the US fails to materialise. However, India has concluded or implemented a series of trade agreements in recent months, which could help diversify its export markets.
India and US trade deal still has a few stubborn cards to play: Fitch unit
Negotiations between India and the US have encountered significant sticking points affecting market access and agriculture. US Trade Representative Jamieson Greer noted the identification of all key issues during talks. Finance Minister Nirmala Sitharaman mentioned that negotiations have reached a plateau with limited opportunities for further concessions. India is advocating for more preferential access for its exports. Meanwhile, Washington seeks increased access to the Indian market, especially in agricultural sectors.
Explainer: Why have India-US trade talks stalled again and what's next?
Amid rising tariffs and geopolitical tensions, trade negotiations between India and the United States have reached an impasse. The US has voiced concerns over India's ongoing acquisition of Russian oil, which could trigger higher tariffs. India aims to safeguard its vital agricultural sectors during talks while advocating for enhanced export conditions. Future discussions, particularly with Secretary of State Marco Rubio's upcoming visit, may provide an opportunity for resolution.
India-US trade deal talks may have reached a ‘plateau’, further concessions difficult: Nirmala Sitharaman
During a recent briefing, India's Finance Minister Nirmala Sitharaman announced that talks regarding a trade pact with the US are currently stalled. While she sees some room for advancement, she pointed out the complexities involved in making further concessions. The dialogue also encompasses the trade deficit issues with both the US and China.
US 'severely disappointed' in lack of G20 consensus on overproduction
The US G20 presidency expressed disappointment after trade ministers failed to reach agreements on excess capacity. A draft statement aimed at addressing this issue saw support from most members but was rejected by a few. China previously objected to calls for eliminating non-market policies and only a few countries took a stand against forced labor. Mexico and Argentina joined the US in issuing a statement regarding forced labor concerns.
US wants European allies to do this 'immediately' to lower diesel prices
The US has urged European allies to release strategic diesel reserves immediately as global fuel prices surge amid supply disruptions linked to the Iran war. Washington is also considering a diesel export ban, putting pressure on France and Germany to tap stockpiles. US diesel prices have climbed more than 70% since the war began, reaching $6.39 a gallon.
India-US trade deal 'not imminent' as 'sticking points' stay, USTR Greer says
US Trade Representative Jamieson Greer said the Trump administration is working with India to finalise a bilateral trade deal, but an agreement is not imminent. Greer said he had a “very constructive conversation” with Commerce Minister Piyush Goyal at the G20 trade ministers meeting and that officials remain engaged.
G20 trade ministers deadlock on excess capacity, forced labour as US seeks tougher rules
G20 trade ministers met in Milwaukee but failed to reach an agreement on overproduction of goods. The Trump administration accused various countries, especially China, of flooding markets, affecting competition. Tensions between the US and Canada escalated after new tariffs were imposed, raising concerns about trade relations. Discussions on forced labor also did not lead to a consensus among the participating countries.
Piyush Goyal, US trade envoy Greer discuss early conclusion of India-US interim trade deal
Commerce Minister Piyush Goyal held a “productive discussion” with US Trade Representative Jamieson Greer on early conclusion of a mutually beneficial interim trade agreement between India and the US. The meeting came alongside PM Narendra Modi’s conversation with President Donald Trump and Goyal’s participation in the G20 trade ministers’ meeting.
Piyush Goyal calls for clear distinction between food supply ‘weaponisation’ and food-security measures
Piyush Goyal addressed the G20 Trade Ministers' meeting, focusing on the distinction in food supply chain strategies. He emphasized the need to differentiate coercive actions from legitimate food security measures. US Trade Representative Jamieson Greer discussed the implications of food weaponization and structural excess capacity in global markets. Greer also highlighted concerns about the Most-Favored-Nation principle and forced labor impacting trade fairness.
India-US trade deal: Productive discussion with USTR Greer on early conclusion of interim agreement, says Piyush Goyal
Commerce Minister Piyush Goyal engaged in talks with US Trade Representative Jamieson Greer for a trade agreement. Their discussion occurred during the G-20 Trade Ministers' meeting in Milwaukee, where they addressed bilateral trade issues. Prime Minister Narendra Modi also spoke with the US President to discuss cooperation in various sectors. The trade pact is anticipated to progress once India is provided with competitive advantages in the US market.
US Trade Representative Greer jokes Piyush Goyal is 'trade minister for life' as G20 trade talks open in Milwaukee
US Trade Representative Jamieson Greer opened a two-day G20 trade ministers' meeting in Milwaukee addressing key issues. During the event, Greer emphasized the need to rethink global trade governance and identified four pressing priorities. Union Commerce and Industry Minister Piyush Goyal participated actively, promoting India's position on trade agreements alongside his counterparts. The discussions included initiatives concerning steel overcapacity, forced labour, and the Most-Favoured-Nation principle.
Greer urges G20 to back Trump tariff agenda, takes aim at China
US Trade Representative Jamieson Greer urged G20 major economies to refrain from coercive food trade actions. He emphasized the need to tackle industrial overcapacity and reassess the existing tariff system. Greer highlighted concerns regarding China's industrial policies contributing to excess capacity in global markets. Discussions among G20 members included potential tariffs on steel from countries with overproduction issues.
Commerce Minister Goyal meets USTR Greer on sidelines of G20 meet
Piyush Goyal met with Jamieson Greer in Milwaukee to advance discussions on a bilateral trade agreement. This meeting occurred during the G20 Trade Ministerial and follows a conversation between Prime Minister Narendra Modi and US President Donald Trump. Goyal expressed confidence that the trade pact will be finalized once competitive advantages are established. The negotiations are influenced by changes in the US tariff landscape affecting various Asian competitors.
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