The United States faces its steepest trade challenges in India, according to Trade Representative Jamison Greer. Speaking to lawmakers, Greer outlined the complexities of forging a trade pact, with agriculture emerging as the primary sticking point.
India’s longstanding safeguards on its farming sector – crucial for millions in rural areas – make concessions elusive. Greer pointed to untapped potential for US exports including DDGS, soybean meal, and ethanol, but high tariffs and restrictions stand in the way.
This week’s high-level meetings in Washington between Indian and US officials signal continued momentum toward a major bilateral deal. Though progress is slow, Greer identified DDGS as a promising area for compromise.
US policy hinges on fair play: open markets should go both ways. Lawmakers noted India’s partial tariff cuts, yet urged deeper changes. Greer acknowledged the inertia from entrenched policies but stressed ongoing dialogues.
Bilateral trade has boomed over the last ten years, elevating India as a key economic ally amid Indo-Pacific dynamics. Persistent frictions over ag tariffs, digital policies, and market barriers underscore the high stakes. America wants expanded access for its products; India counters with demands for service sector opportunities. Balancing these will define the partnership’s future.
