BR100 Increased By (0.14%)
BR30 Decreased By (-0.19%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.79 Increased By ▲ 0.04 (0.52%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 57.26 Decreased By ▼ -1.40 (-2.39%)
BOP 34.10 Increased By ▲ 0.41 (1.22%)
CNERGY 9.92 Decreased By ▼ -0.69 (-6.5%)
CSIL 5.35 Increased By ▲ 0.05 (0.94%)
FCCL 54.61 Increased By ▲ 0.87 (1.62%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.75 Increased By ▲ 0.11 (1.95%)
LOTCHEM 29.35 Decreased By ▼ -0.30 (-1.01%)
MLCF 94.35 Decreased By ▼ -2.01 (-2.09%)
NBP 202.70 Decreased By ▼ -0.83 (-0.41%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.78 Increased By ▲ 0.47 (0.7%)
OGDC 316.40 Decreased By ▼ -1.82 (-0.57%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.15 Increased By ▲ 1.38 (3.3%)
PIBTL 16.72 Decreased By ▼ -0.09 (-0.54%)
PPL 220.50 Increased By ▲ 0.33 (0.15%)
PRL 49.05 No Change ▼ 0.00 (0%)
PTC 70.98 Increased By ▲ 0.97 (1.39%)
SSGC 28.17 Decreased By ▼ -0.97 (-3.33%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.80 Decreased By ▼ -0.02 (-0.23%)
TPL 18.14 Increased By ▲ 0.97 (5.65%)
TPLP 13.40 Increased By ▲ 0.89 (7.11%)
TREET 22.75 Increased By ▲ 0.16 (0.71%)
TRG 60.30 Increased By ▲ 0.08 (0.13%)
World

US trade chief says India to maintain some agriculture protections in deal with Trump

  • Greer said US would continue to work on access to certain protected areas of India’s agriculture sector
Published Updated
US Trade Representative Jamieson Greer speaks with reporters at the White House in Washington, D.C., U.S., October 30, 2025. File Photo: Reuters
US Trade Representative Jamieson Greer speaks with reporters at the White House in Washington, D.C., U.S., October 30, 2025. File Photo: Reuters
By

WASHINGTON: The Trump administration is working to put the details of its trade deal with India announced on Monday on paper, but it will reduce India’s tariffs on American industrial goods to zero from 13.5% and eliminate duties but allow India to maintain some agricultural import protections, US Trade Representative Jamieson Greer said on Tuesday.

Greer told CNBC in a live interview that the US would continue to work on access to certain protected areas of India’s agriculture sector, but said India’s tariffs “for a variety of things, you know, tree nuts, wine, spirits, fruits, vegetables, etc, they’re going down to zero.”

He did not mention rice, beef, soybeans, sugar or dairy, which are commodities that India excluded from its recent trade deal with the European Union.

Greer confirmed that the deal would reduce the US tariff on most Indian goods to 18% from 50% because of the size and growth of India’s trade surplus with the US That reached $53.5 billion during the first 11 months of 2025, up from $45.8 billion for all of 2024, according to US Census Bureau data.

READ MORE: Trump’s tariff cut spells relief in India despite scant details

Greer said that the Trump administration reached an “understanding and an agreement with the Indians as well on a variety of technical barriers to trade, areas where they have not accepted US standards. We know American goods are safe.”

He said there would be “a process for recognizing US standards” but that India would have to go through its own political processes for accepting these standards, adding that it would open up a market of more than 1 billion people to more US goods.

READ MORE: Russia says India has not said it will halt oil purchases

Regarding India’s agreement to wind down Russian crude oil imports, he said that prior to 2022 and 2023, India did not import Russian oil and has been working since late last year to wind down imports. India was “making the right choice” to diversify its energy purchases to the US and Venezuela.

He did not specify a start date for the tariff changes, saying that the process for making it official was underway.

“We’ll finish papering it, but we know the specifics, we know the details,” Greer said. He added that India is maintaining some protection around agricultural goods.

Comments

200 characters remaining