The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people familiar with the matter said, putting the South Asian nation in a favorable position against its peers in the region.

A delegation from India is expected to visit the United States soon for trade talks, a government official told reporters, as the two countries look to iron out disagreements over duties for auto components,

If finalized, India would join a small group of nations securing trade relief from Washington at a time when Trump is pressuring dozens of partners with tariff spikes.