India ‘very close’ to trade deal with US, says trade minister (opens original article in a new tab)

India's trade minister says the country is very close to finalizing a trade deal with the US, following ongoing negotiations that have faced delays due to legal and trade disputes.

• India and the US are close to finalizing a trade deal according to India's trade minister Piyush Goyal.
• The negotiations involve India seeking lower tariffs than other Asian economies and the US wanting India to import more American goods.
• A previous agreement included an 18% tariff on Indian goods, but finalization was delayed by the US Supreme Court invalidating Trump's tariffs and a section 301 probe into India's trade practices.