Modi’s Failure to Call Trump Derailed Trade Deal, Lutnick Says

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US Commerce Secretary Howard Lutnick attributed the failure of a trade deal with India to Prime Minister Narendra Modi's lack of a phone call to President Donald Trump, highlighting a missed opportunity for economic cooperation.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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US Commerce Secretary Howard Lutnick said a trade deal with India did not materialize last year because Prime Minister Narendra Modi did not call President Donald Trump.

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Original article published by Bloomberg on January 9, 2026.
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