U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office on Feb. 13, 2025. Andrew Harnik/Getty Images
A proposed trade deal between the United States and India stalled because Indian Prime Minister Narendra Modi did not call U.S. President Donald Trump to finalize it, according to U.S. Commerce Secretary Howard Lutnick.
During a Jan. 8 episode of the “All-In” business podcast, Lutnick described Trump’s approach to negotiations as a “staircase,” where “the first stair gets the best deal.”We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
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