India ‘Optimistic’ of Finalizing US Tariffs Deal by December

A tanker at Jawaharlal Nehru Port in Navi Mumbai, Maharashtra, India. 

Photographer: Abeer Khan/Bloomberg

Supply Lines is a daily newsletter that tracks global trade. Sign up here.

India is optimistic that it will strike an initial deal with the US to bring down reciprocal tariffs by next month, a top official said in New Delhi, as anticipation builds that the two sides are close to resolving tensions over levies.