Sources: U.S., India working to reduce tariffs on goods that will benefit U.S. over China

U.S. and Indian negotiators working on a partial trade agreement are focusing on reducing tariffs on goods that will benefit the U.S. over China, sources tell Inside U.S. Trade. Negotiators are identifying Indian products that could be subject to reduced tariffs, with a focus on targeting those that would not open the gates for Chinese imports to flow into India, sources said. The tariff reductions would be on a most-favored nation basis, meaning the U.S. would be subject to...