President Donald Trump will hold a state visit to India from Feb. 24, potentially including the signing of a trade deal with Prime Minister Modi. From the U.S. side, the $24.1 billion trade deficit in 2019 with India needs to be reduced. The U.S. may be willing to offer renewed access to reduced tariffs under the Generalized System of Preferences in return for Indian imports of U.S. military and other products. President Trump has indicated a full trade deal – including widespread tariff reductions – is unlikely before the elections, making a purely transactional arrangement the most pro...