India and US Nearing Trade Deal, Awaiting US Response

India and the United States are very close to making a new trade agreement.

India has had many talks with the US, and they feel they are almost done.

An Indian official said they are just waiting for the US to reply.

US President Trump also said they are getting close to a deal.

India wants to make sure the deal is fair and doesn't hurt its farmers or workers.

The US had put high taxes, called tariffs, on some Indian products, partly because India was buying oil from Russia.

President Trump said he plans to lower these taxes now that India has reduced its oil purchases from Russia.

India had asked for these high taxes to be reduced significantly.

Both countries have been talking a lot about these oil imports.

The goal is to have a deal that is good for both countries, and they hope to finalize it by the end of next year.