US Commerce Secretary, New Delhi Give Differing Accounts of Breakdown in India Trade Talks
India's trade pact with the United States stalled last year because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump ahead of a deal, Commerce Secretary Howard Lutnick said on Friday, giving an account of events that New Delhi has denied.
Trade talks between India and the U.S. fell apart and Trump then doubled tariffs on Indian goods in August to 50%, the world's highest rate, including a levy of 25% in retaliation for India's purchases of Russian oil.
"It's all set up and you have got to have Modi call the President...
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