00:00India and the U.S. are reportedly close to signing a trade deal.
00:04The Mint newspaper reports that this deal would reduce U.S. tariffs on Indian goods from 50 percent down to around 15 percent.
00:12The paper cited three people aware of the matter and said the final trade agreement would likely be announced at the ASEAN summit next week.
00:19Neither government has confirmed the report, but U.S. President Donald Trump said he spoke with Indian Prime Minister Narendra Modi this week about trade.
00:27I just spoke to your Prime Minister today. We had a great conversation.
00:32We talk about trade. We talk about a lot of things, but mostly the world of trade. He's very interested in that.
00:40Trump also said that the countries are working on some great deals without specifying what those deals are.
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