Washington/New Delhi: The historic free trade agreement between India and the European Union—dubbed the “Mother of All Deals”—has reportedly drawn the ire of the United States. The deal strengthens the partnership between two major economies representing nearly 25 percent of the global GDP.
The announcement comes at a sensitive time, as the Trump administration had previously imposed 50 percent tariffs on Indian goods to pressure New Delhi. US officials have increasingly voiced concerns over India’s trade and energy policies. On Tuesday, US Trade Representative Jamison Greer indicated that India would not receive immediate tariff relief, citing ongoing issues with its Russian oil purchases.
In an interview with Fox Business, Greer acknowledged India’s progress in reducing imports of Russian oil but noted that New Delhi remains reliant on discounted supplies. “India still has work to do to address US concerns and qualify for tariff exemptions,” he said.
Greer’s comments contrast with earlier US assertions, including remarks by President Donald Trump, that India had drastically cut or nearly halted Russian oil imports. Recently at the Davos Economic Forum, US Treasury Secretary Scott Besant hinted that duties on Indian goods could be reduced in the near future.
Greer also noted that India stands to benefit from its EU deal, gaining expanded market access and potential additional immigration advantages, while enjoying a cost-effective labor force. The comments, however, underline that the US tariff on Russian oil will likely remain for now, despite earlier indications from Besant suggesting a possible easing.
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