India Expects Multi-Phase Trade Deal With US as Talks Proceed

US President Donald Trump, right, and India’s Prime Minister Narendra Modi at the White House in February.

Photographer: Andrew Harnik/Getty Images

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India is discussing a US trade deal structured in three tranches and expects to reach an interim agreement before July, when President Donald Trump’s reciprocal tariffs are set to kick in, according to officials in New Delhi familiar with the matter.