U.S. And India Reportedly Trying To Work Out Trade Deal By Sept. 30

The transcript discusses a potential trade deal between the US and India, aiming to lower tariffs on US produce and restore preferential treatment for Indian exports. The US-India trade relationship has been tense, with recent retaliatory tariffs. This is part of a broader trend of trade deals by President Trump ahead of the 2020 election, including a mini deal with Japan. The transcript also highlights India's growing economic potential, particularly in energy trade with the US.

What was one of the main goals of the potential trade deal between the US and India?

• Increase tariffs on US technology

• Lower tariffs on US produce

• Increase tariffs on Indian exports

• Ban US imports to India

What action did India take in response to the US ending its special trade status?

• Increased tariffs on 28 US products

• Signed a new trade agreement

• Reduced tariffs on US goods

• Banned US imports

What is a notable trend in President Trump's trade policy leading up to the 2020 election?

• Increasing tariffs on all imports

• Reducing trade agreements

• Focusing solely on domestic trade

• Signing multiple trade deals

Which country is President Trump expected to sign a mini deal with next week?

• Canada

• Mexico

• Japan

• China

Why is India considered a significant trading partner for Houston?

• It is the only Asian country trading with Houston

• It has the highest trade volume with Houston

• It is Houston's fourth largest trading partner

• It is the largest buyer of American oil