Indian and U.S. are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month.

Rajesh Agrawal, the Indian Chief Negotiator, heads a meeting with U.S. officials from the Office of the United States Trade Representative (USTR).

A team of US officials is visiting here from June 5 to hold talks with their Indian counterparts on the proposed pact