NEW DELHI -- India and the U.S. appear on the verge of concluding an interim trade deal ahead of President Donald Trump's Wednesday deadline, when Indian goods would start facing 26% "reciprocal" tariffs, as the sides push toward a comprehensive agreement that could be finalized later this year.
Trump tariffs
India and US inch closer to interim trade deal ahead of Trump's deadline
New Delhi seeks to avoid punitive extra levy of 26% on exports to America
A mobile crane carries a container at Deendayal Port in the western state of Gujarat on April 5. India and the U.S. plan to expand the value of bilateral trade to $500 billion by 2030, up from the current $200 billion. © Reuters
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