Indo-U.S. deal: Trying to get remaining 1% sticking point across finish line, says U.S. envoy
U.S. envoy Sergio Gor announced that India and the United States are close to finalizing a trade deal, with only a one percent sticking point remaining. Negotiations are currently underway, and both sides expect to sign the agreement within weeks. The U.S. has also launched investigations into forced labor and industrial capacity concerns affecting multiple economies.
- ▪U.S. envoy Sergio Gor stated that the trade deal is nearly finalized, with only one percent left to resolve.
- ▪Negotiations are ongoing, with a U.S. trade team currently in India.
- ▪The U.S. has launched investigations into forced labor and industrial capacity concerns affecting 60 economies.
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U.S. envoy to India Sergio Gor on Wednesday (June 3, 2026) said India and the United States were trying to resolve the remaining one per cent sticking point in their trade deal and expected the pact to be inked within the next several weeks.Speaking at Citi’s 2026 India Conference, Mr. Gor said a U.S. trade team is currently in India negotiating the pact.Top negotiators from India and the U.S. on Tuesday (June 2, 2026) began a three-day round of talks here to finalise the details of the proposed interim trade agreement, an official said.The framework for the pact was finalised in February. The U.S. team is led by its chief negotiator Brendan Lynch.
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