The U.S. and India are nearing a deal to lower tariffs on American imports to the South Asian country and to help India avoid levies imposed by the Trump administration rising sharply next week, Treasury Secretary Scott Bessent said on Tuesday.
"We are very close with India," Bessent told Fox News in response to a question about progress on trade negotiations.
Indian officials extended a visit to Washington last week through Monday to try to reach agreement on a trade deal with President Donald Trump's administration and address lingering concerns on both sides, Indian government sources told Reuters.
