Lutnick: U.S. seeking ‘broad-based’ trade deal with India

The Trump administration wants to pursue a “large-scale, broad-based” free trade agreement with India that addresses a range of key bilateral issues, Commerce Secretary Howard Lutnick said on Friday, arguing that such a deal would be preferable to a “product-by-product" tariff approach. “India has some of the highest tariffs in the world, and that will require a rethinking of the relationship, the special relationship, between India and the United States,” the Commerce secretary said during virtual remarks at an Indian...