Trade
US, India in Talks on Deal That May Cut Tariff Below 20%
India's prime minister Narendra Modi and US President Donald Trump during a news conference in the East Room of the White House in Washington, DC, on Feb. 13.
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The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people familiar with the matter said, putting the South Asian nation in a favorable position against its peers in the region.