India, U.S. Eye Middle Ground on Trade Ahead of Modi-Trump Meet

Sept. 20, 2019, 7:45 AM

India could consider tax concessions on information technology ahead of a meeting between Narendra Modi and Donald Trump, according to people familiar with the matter.

Giving market access to U.S. dairy products, premium pricing power for some innovative American medical devices, and a possible withdrawal of some disputes from the World Trade Organization are also among the so-called goodwill measures being considered by India, the people said. In return, the U.S. may possibly restore India’s preferential trade treatment terminated earlier this year, they said, asking not to be identified as the discussions are private.

Easing of trade tensions will help ...

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