US President Donald Trump said a “very big” trade deal could be signed soon that would open up the Indian market to American business, as negotiators meet in Washington to break a recent deadlock over key issues.

Countries failing to strike deals with the US within the July 9 deadline will face tariffs as was announced by Trump in April. The President however on Friday indicated that the deadline could be moved forward.

A high-powered Indian trade team landed in the United States on Friday for what could be the final round of talks before a key deadline expires on July 9. The two countries are in discussions to avoid the return of reciprocal tariffs on several goods.