Hints of a potential trade breakthrough with the US emerged from the White House on Monday as President Donald Trump said that Washington and New Delhi are moving closer to finalising a new trade agreement, adding that the US would eventually bring down tariffs on India. Trump's remarks came during the swearing-in ceremony of Sergio Gor, the new US Ambassador to India, at the Oval Office.

The US President said that discussions with India have made significant progress and both sides are edging closer to a balanced agreement.

"We’re making a deal with India. Much different than we had. Right now they don’t love me but they will love us again. We’re getting a fair deal. They’re very good negotiators, so Sergio, you will have to take a look at that. I think we’re pretty close to doing a

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