U.S. trade representative Greer says deal with India not 'imminent' after Modi-Trump call

4d ago·CNBC

What does this mean for your trade?

Vametra AI Brain

•**No quick breakthrough yet:** A deal between the U.S. and India is not close, even after the Modi-Trump call. If you trade with either market, don’t assume tariffs or market-access barriers will change soon.

•**Keep current compliance tight:** Existing customs rules, documentation, and duty exposure likely stay in place for now. Review HS codes, origin papers, and contract terms so you’re not caught off guard.

•**Watch for negotiation risk:** Talks can still shift quickly, so plan for uncertainty in pricing and lead times. Build flexibility into quotes, purchase orders, and shipping schedules.

•**Possible opportunity:** If talks restart later, sectors that benefit from better access or lower duties may move first. Stay ready to act quickly if policy signals improve.