Indian and U.S. officials are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month.

Rajesh Agrawal, the Indian Chief Negotiator, heads a meeting with U.S. officials from the Office of the United States Trade Representative (USTR).

In a global trade landscape marked by tensions, India aims to negotiate with President Trump's administration to avoid planned U.S. tariff hikes.