India Says It’s Narrowing Gap With US on Trade Deal Dispute (1)

India said it’s making solid progress in trade negotiations with the US as it looks to clinch a trade deal and bring down punitive tariffs.

The two sides have narrowed their differences on trade-related matters, an Indian official told reporters in New Delhi on Saturday, asking not to be identified as the discussions are private. There are no major differences between India and the US on trade issues, the person said.

A team of negotiators from India had positive meetings with officials in Washington last week, the person said.

After slapping India with 50% tariffs and bashing the country for ...