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

India and the US are very close to finalizing a trade deal, with discussions focusing on tariffs and trade barriers, though challenges remain.

• India and the US are close to finalizing a trade deal according to India's trade minister, Piyush Goyal.
• The negotiations involve India seeking a tariff lower than that imposed on goods from other Asian economies and the US wanting India to import more American goods.
• The deal faces challenges including the US Supreme Court invalidating Trump's global tariffs and a section 301 probe into India's trade practices.