India hails progress in US trade talks, but no deal yet (opens original article in a new tab)

India and the US held trade talks, calling it a 'key step' toward a deal but no breakthrough was announced, with negotiations delayed by previous court rulings and trade probes.

• India and the US held two days of trade talks, calling it a 'key step' toward a deal but no breakthrough was announced.
• India and the US had an initial understanding in February to reduce tariffs, but negotiations have been delayed due to US Supreme Court rulings and trade probes.
• Indian Commerce Minister Piyush Goyal stated 99% of the first tranche of the deal is complete, with the US Ambassador noting the 'last one percent' remains.