INDIA on Friday rejected as “inaccurate” US Commerce Secretary Howard Lutnick’s remarks that a proposed trade deal between the two countries could not be sealed last year as Prime Minister Narendra Modi did not make a telephone call to President Donald Trump. New Delhi also asserted that it remained interested in concluding a “mutually beneficial” trade deal between the two “complementary economies” and noted that Modi and Trump held phone conversations on eight occasions in 2025 covering different aspects of ties.

 

Negotiations for a bilateral trade agreement between the two sides hit a major roadblock after Trump slapped a whopping 50 per cent tariff on India, including a 25 per cent additional duty for its purchase of Russian crude oil. The fresh row between the two sides came as their relations continued to reel under possibly the worst phase in the last two decades. In his controversial comments in an interview on Thursday,

 

Lutnick detailed how the India-US trade deal has not happened till now. The decision to negotiate the trade deal was taken at a meeting between PM Modi and President Trump at the White House on February 13. “We have seen the remarks. India and the US were committed to negotiating a bilateral trade agreement as far back as February 13 last year,” External Affairs Ministry Spokesperson Randhir Jaiswal said. “Since then, the two sides have held multiple rounds of negotiation to arrive at a balanced and mutually beneficial trade agreement,” he said at his weekly media briefing. “On several occasions, we have been close to a deal. The characterisation of these discussions in the reported remarks is not accurate,” he added.