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India, US expected to seal first phase of mega trade deal soon

India and the US are set to sign the first phase of a mega trade deal soon under a model followed by the Donald Trump administration is finalising a similar deal with China. Official sources said India and the US have almost completed negotiations for the first phase of the ambitious deal and it will be formalised soon. The US and China inked an initial trade deal last month, ending an 18-month-long dispute. The two countries are now working on a final trade deal.

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