New Delhi, Feb. 4 -- US trade representative Jamieson Greer said on Tuesday that India's average industrial tariff of 13.5% would "go to zero" on "virtually" all goods. He claimed agricultural tariffs would also be cut to zero for several goods.

Greer's statement came as India and the US work to "memorialising" the trade agreement announced on Monday with India.

Details of the US-India trade deal began emerging after US President Donald Trump announced the major breakthrough on the TRUTH social media platform. Here's what reports claim:

1. US Trade Representative Jamieson Greer told CNBC in the interview that India agreed to reduce tariffs on US exports and that India's industrial goods tariffs will go to zero from 13.5%.

2. Greer men...