From Reuters via Mumbai's MoneyControl, March 28:
India has offered tariff cuts on imports of U.S. farm products like almonds and cranberries as a further concession to the United States, two government sources said, hoping to avert President Donald Trump's reciprocal tariffs set for next week.
Unlike China, Canada and the European Union, India is actively seeking to appease the Trump administration and is open to cutting tariffs on over half of U.S. imports worth $23 billion, Reuters reported earlier this week.
In a series of meeting in New Delhi with Brendan Lynch, the assistant U.S. trade representative for South and Central Asia, India agreed to cut tariffs on bourbon whiskey and agricultural products such as almonds, walnuts, cranberries, pistachios and lentils, one of the sources familiar with discussions, said.
The talks to fast-track negotiations is likely to conclude late Friday.
Trade talks are "progressing well" and the bilateral trade pact, still in progress, will benefit both nations, Indian Trade Minister Piyush Goyal said on Thursday.
"Securing a favourable deal is a priority for Indian negotiators," a second government source said, adding that India has aligned its offers with U.S. priorities, particularly in the agriculture industry and some other sectors....
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