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Originally published by Capital Businessbusiness
January 9, 2026
1d ago
India pushes back at Trump aide’s claim about US trade deal breakdown

JAN 9 - India has pushed back at US Commerce Secretary Howard Lutnick's claims that the trade deal between the countries stalled because Prime Kenya breaking news | Kenya news today |..
✨ Key Highlights
India refutes claims made by US Commerce Secretary Howard Lutnick that a phone call from Prime Minister Narendra Modi to President Donald Trump could have saved a trade deal between the two nations, which subsequently led to 50% tariffs on Indian goods.
- Lutnick stated India missed a critical window to finalize the deal, suggesting Trump's "staircase" approach means initial offers are the best.
- India's Ministry of Foreign Affairs spokesperson, Randhir Jaiswal, countered that Modi and Trump spoke eight times last year and negotiations were close at several points.
- Key sticking points in the negotiations, including agriculture and India's purchase of Russian oil, remain unresolved.
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