India said on Thursday it was studying the impact of the 27% tariff slapped by the U.S. on its imports and vowed to push for a trade deal this year, signalling a conciliatory tone despite failing to get relief from President Donald Trump's trade policy.

The talks between Trump and these countries pertain to only a small fraction of those affected by his sweeping tariff measures. Notably, this is seen as the first phase of broader discussions, as coun