India and the US are “very close” to sealing a bilateral trade deal, US Treasury Secretary Scott Bessent said in Washington on Wednesday, according to a report in the New York Post. Bessent expects India to be the first country to reach a deal that would help avoid the reciprocal tariffs announced earlier this month by US President Donald Trump.The tariffs, originally set to take effect from April 9, were paused for 90 days, except in the case of China, on the eve of their implementation.