Indian Prime Minister Narendra Modi (L) and President Trump (R). Photo: Mark Wilson/Getty Images

President Trump and Indian Prime Minister Narendra Modi are rushing to finalize trade deal terms ahead of the United Nations General Assembly at the end of the month, reports Reuters.

Why it matters: "A deal between the world's most populous democracies would be a welcome victory for Trump" as a trade war with China rages on, writes Reuters. Modi and Trump have been using tariffs in an attempt to "boost investment in manufacturing" in both countries.

The deal would decrease some tariffs on U.S. produce and bring back "preferential treatment" for a collection of Indian exports, per Reuters.

  • Talks have largely focused on India cutting agricultural tariffs against almonds, pork, dairy and other goods.
  • India wants its special status under the Generalized System of Preferences (GSP) restored for a few more years "to boost exports dampened by sluggish global demand," writes Reuters.

Context: The U.S. cancelled duty-free access under GSP for $5.7 billion worth of Indian exports this June, which prompted India to respond with tariffs against 28 U.S. products, according to Reuters.

  • The U.S. also has problems with India's e-commerce rules that set up more barriers for American companies like Amazon and Walmart — as the Indian online market is expected to reach $200 billion by 2027, per Reuters.

What's next: Trump is planning to meet Modi in Houston on Sunday for a "Howdy Modi" event, intended to signal improved relations between the 2 countries. About 50,000 people are expected to attend — the largest live audience event for a foreign leader other than the Pope, reports the Washington Post.

Go deeper

Justice Department sues Google over alleged search monopoly

Illustration: Lazaro Gamio/Axios

The Justice Department and 11 states Tuesday filed an antitrust lawsuit against Google, accusing the company of using anticompetitive tactics to illegally monopolize the online search and search advertising markets.

Why it matters: The long-awaited suit is Washington's first major blow against the tech giants that many on both the right and left argue have grown too large and powerful. Still, this is just step one in what could be a lengthy and messy court battle.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 5 million infections.

In photos: Florida breaks record for in-person early voting

Voters wait in line at John F. Kennedy Public Library in Hialeah, Florida on Oct. 19. Photo: Eva Marie Uzcategui/AFP via Getty Images

More Floridians cast early ballots for the 2020 election on Monday than in the first day of in-person early voting in 2016, shattering the previous record by over 50,000 votes, Politico reports.

The big picture: Voters have already cast over 31 million ballots in early voting states as of Tuesday, per the U.S. Elections Project database by Michael McDonald, an elections expert at the University of Florida.