Washington DC: Union Finance Minister Nirmala Sitharaman said on Thursday that the trade differences between India and the United States is shrinking and hopes that both the countries will enter into a deal soon.
“I know the intensity with which the negotiations are going on. The few issues on which there could be some differences are being sorted out. I hope that there will be an agreement sooner. Obviously narrowing (of difference) is happening,” SItharaman told reporters on the sidelines of the annual meetings of the International Monetary Fund and the World Bank.
In June, US President Donald Trump revoked preferential trade privileges, following which trade tensions emerged between both the countries. India in response, imposed tariffs on 28 US products, including almonds and apples.