•US Deputy Secretary Christopher Landau announced the India-US trade deal is "almost at the finish line," expressing excitement for its economic potential.
•The deal's first phase contours were finalized in February, with the US reducing tariffs on Indian goods to 18% and removing punitive tariffs on Russian crude oil purchases.
•India agreed to eliminate or reduce tariffs on various US industrial goods, food, and agricultural products like tree nuts, fruits, and spirits.
•India plans to purchase $500 billion in US energy products, aircraft, precious metals, and technology over the next five years.
•A meeting to finalize the legal text was postponed due to the US Supreme Court's verdict on Trump tariffs.
