India’s Ministry of External Affairs has firmly rejected the U.S. claim that a near-finalised India–U.S. trade deal collapsed because Prime Minister Narendra Modi declined to personally speak with Donald Trump, calling it an “inaccurate characterisation” of events. The response came after U.S. Commerce Secretary Howard Lutnick, in a podcast said he asked PM Modi to call President Trump to close the deal. However, he said India was “uncomfortable” doing it. According to Lutnick, the U.S. had offered India tariff rates between those given to the UK and Vietnam, later withdrew the offer after signing deals with Southeast Asian nations, and refused to reopen talks when India allegedly agreed to the earlier terms. Critics argue this approach reflects an erratic, ego-driven negotiating style that prioritises speed and optics over trade realities, especially since the U.S. later offered Europe more favourable terms. With Congress now considering sweeping tariffs on countries buying Russian energy, the impasse risks escalating into a broader economic challenge for India, even as New Delhi accelerates efforts to diversify trade ties beyond the U.S. Palki Sharma tells you more.
—
India US Trade Deal | US India Trade Deal | Trump Modi Call | Modi Trump Call | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#indiaustradedeal #tradedeal #moditrump #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
https://www.youtube.com/@Firstpost
Follow Firstpost on Instagram:
https://www.instagram.com/firstpost/
Follow Firstpost on Facebook:
https://www.facebook.com/firstpostin/
Follow Firstpost on Twitter:
https://twitter.com/firstpost
Follow Firstpost on WhatsApp:
https://www.whatsapp.com/channel/0029Va6zOIrEQIamseyg762V
