India came out on “top” in the trade deal with the European Union and is going to have a heyday with this, U.S. Trade Representative Jamieson Greer said in the first reaction from the Trump administration on the Free Trade Agreement (FTA). They get more market access into Europe,” Mr. Greer said in an interview with Fox Business on Tuesday (January 27, 2026). They have low-cost labour," Mr. Greer added. Responding to a question on the 25% tariff on India for Russian oil purchases, Mr. Greer said Delhi still pays those levies, on top of the 25% reciprocal tariff that the Trump administration imposed on the country. When asked if India is still buying Russian oil, Mr. Greer said, “They have made a lot of progress on this.

Source: The Hindu January 28, 2026 16:06 UTC