India Trade Deal Stalled: Modi Didn’t Call Trump
India is disputing claims by U.S. Commerce Secretary Howard Lutnick that a trade deal stalled because Prime Minister Narendra Modi didn’t call President Donald Trump. Lutnick suggested the deal was nearly finalized but hinged on a direct conversation between the two leaders, a call Indian officials were reportedly hesitant too arrange.
Trump imposed 50% tariffs on Indian goods in August, including penalties for purchasing Russian oil, after negotiations faltered. Both countries are now attempting to revive talks, but a timeline for a resolution remains unclear.
Key disagreements persist, notably regarding agriculture.Washington seeks greater access to India’s farm sector, but Delhi has consistently worked to protect its agricultural market.
India’s foreign ministry spokesperson, Randhir Jaiswal, stated Friday that Lutnick’s characterization of the discussions is “not accurate.” Jaiswal emphasized that both nations have been committed to a trade agreement since Febuary 13 of last year, holding multiple rounds of negotiations. He added that Modi and Trump spoke by phone eight times last year,discussing various aspects of their partnership.
Lutnick, speaking on the All-In podcast, described trump’s negotiation style as a “staircase,” were the first deal secured is the moast favorable. He noted India was the second country to negotiate with the U.S., following the UK, and was given “three Fridays” to finalize an agreement.
The White House has not yet responded to Lutnick’s assertions.