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Why the India–US trade deal stalled, and why tensions are rising again | Trump tariffs | Trade war

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Business Standard

The India–US trade deal was expected to be an early win for Washington—but it suddenly collapsed. According to the US Commerce Secretary, it all came down to a phone call that never happened between PM Narendra Modi and President Donald Trump. In this video, we break down why the deal stalled, how timing and tariffs changed the equation, and why fresh tensions are now emerging between India and the US. We also explain the impact of new US tariff threats linked to Russian oil imports and what this turbulent phase means for future India–US economic ties. Watch to understand what really went wrong—and why uncertainty still looms over the India–US trade relationship

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