India is hoping to avert U.S. President Donald Trump's reciprocal tariffs set for next week. Unlike China, Canada and the European Union, India is actively seeking to appease the Trump administration and is open to cutting tariffs on over half of U.S. imports worth $23 billion, Reuters reported earlier this week.

In a series of meetings in New Delhi with Brendan Lynch, the assistant U.S. trade representative for South and Central Asia, India agreed to cut tariffs on bourbon whiskey and agricultural products such as almonds, walnuts, cranberries, pistachios and lentils, one of the sources familiar with discussions, said.

The talks to fast-track negotiations are likely to conclude late Friday. Trade talks are "progressing well" and the bilateral trade pact, still in progress, will benefit both nations, Indian Trade Minister Piyush Goyal said on Thursday.

To know more about the latest developments, Hindustan Times' Abhishek Singh speaks with Executive Editor Shishir Gupta.

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