(Reuters) -The U.S. and India are nearing a deal to lower tariffs on American imports to the South Asian country and to help India avoid levies imposed by the Trump administration rising sharply next week, Treasury Secretary Scott Bessent said on Tuesday.

Mr Rossow says the "second issue is India's non-tariff barriers. Issues like India's growing set of 'Quality Control Orders' (QCO) are significant obstacles to US market access and may prove tricky to meaningfully handle in a trade deal".

The U.S. and India are nearing a deal to lower tariffs on American imports to the South Asian country and to help India avoid levies imposed by the Trump administration rising sharply next week, Treas