January 9, 2026
India-US trade deal stalled after Modi did not call Trump, official says
Indian Prime Minister Narendra Modi speaks during a joint press conference with US President Donald Trump at the White House in Washington, DC, US, February 13, 2025. — Reuters Trump warns tariffs will rise if Russian oil imports are not curbed. The Indian rupee hit a record low on US tariff pressure. India is seeking a mid-range tariff rate. Lutnick says the offer has expired. NEW DELHI: India’s trade deal with the United States has been delayed because Prime Minister Narendra Modi did not call President Donald Trump to seal a deal they were negotiating, US Commerce Secretary Howard Lutnick





