India offers concessions on US farm goods to reach trade deal

02/19/2020

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Shruti Srivastava|The Economic Times

India is open to greater market access for American farm and dairy products and lower duties on Harley-Davidson Inc. motorcycles as it seeks to conclude a trade deal with the U.S. in time for President Trump’s scheduled visit next week, according to people with knowledge of the matter.

New Delhi is willing to allow market access for U.S.-produced cranberries, blueberries, pecan nuts, and avocados at lower duties. Also on the cards is allowing some imports of dried distilled grains soluble.

A trade deal, even a small one, with New Delhi comprising greater market access for the U.S. is likely to help Trump further consolidate his position in an election year. He’s fresh off the success of having signed a ‘phase one’ agreement with China last month as well as the United States Mexico Canada Agreement or USMCA deal.

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