Modi-Trump Call Signals Reset, Revives India-US Trade Deal Hopes: Eurasia Group

• Modi and Trump's "impromptu" phone call signals a reset in India-US bilateral relations.
• The call raises hopes for progress on the long-stalled India-US trade agreement.
• Eurasia Group analyst Pramit Pal Chaudhuri views the call as a positive sign of renewed personal engagement, crucial for the trade deal.
• A US Trade Representative team's visit to New Delhi further indicates that trade talks are back on track.
• India's strong economic growth has reduced US leverage, potentially leading to a more transaction-focused approach from the US.

Why It Matters: Modi-Trump call signals a reset in ties, raising hopes for a stalled India-US trade deal.