India, May 3 -- India and US inch closer to a trade deal which could mitigate the negative impact of tariffs

As trade negotiations between India and the United States accelerate, an imminent signing of a bilateral trade agreement looks on anvil. The deal that could reshape economic relations between the world's two largest democracies is most likely to be hammered out before the July deadline.

US President Donald Trump's recent remarks - "I think we will have a deal with India"- signal growing optimism in Washington. With a July deadline looming on the 90-day pause of reciprocal tariffs, both nations are racing against time to finalise terms. President Trump's assertion of progress came soon after US Commerce Secretary Howard Lutnick conf...