US, India to hold trade talks, raising hopes for reset

India and the United States will hold trade talks on Tuesday, New Delhi said, raising hopes for a breakthrough weeks after President Donald Trump imposed punitive tariffs on the South Asian nation for buying Russian oil.
The move comes after Trump struck a more conciliatory tone in statements last week and expressed optimism that he could finalise a trade deal.
The US trade representative for South Asia, Brendan Lynch, will be in New Delhi for one day of talks, Indian chief negotiator Rajesh…