US Commerce Secretary Howard Lutnick said there’s a chance to negotiate a broad trade agreement with India that addresses tariff imbalances as well as thorny issues for Washington like the South Asian nation’s purchase of Russian weapons and involvement in a BRICS push to dethrone the dollar.

United States Secretary of Commerce Howard Lutnick on Friday said the Donald Trump administration was keen on a broadbased free-trade agreement (FTA) under which India would bring down tariffs across the board rather than negotiating a product-wise trade deal, which may take years to complete.