Lutnick Claims Modi's Call Snub Derailed US-India Trade Deal; MEA Calls It Inaccurate

India
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CNBC TV18•09-01-2026, 21:05
Lutnick Claims Modi's Call Snub Derailed US-India Trade Deal; MEA Calls It Inaccurate
- •US Commerce Secretary Howard Lutnick claims the US-India trade deal failed because PM Modi didn't call President Trump.
- •Lutnick stated Trump was ready to close the deal, but Modi's reluctance to call stalled it, leading to deals with other nations.
- •India's Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal refuted Lutnick's claim, calling it inaccurate.
- •MEA emphasized India's commitment to trade negotiations since February last year and multiple discussions for a fair deal.
- •India currently faces a 50% tariff on exports to the US, the highest in Asia, due to delayed negotiations according to Lutnick.
Why It Matters: Lutnick blames Modi's call for failed US-India trade deal, but MEA denies the claim.
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