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The real reason behind the collapse of the India–US trade deal is finally out — and it has less to do with policy and more to do with ego. According to explosive revelations by US Commerce Secretary Howard Lutnick, the much-anticipated trade agreement was ready to be signed, but failed because Prime Minister Narendra Modi did not personally call US President Donald Trump.

Lutnick revealed on the All-In Podcast that Trump expected a direct call from Modi to close the deal — a call that never came. The result? India was sidelined while countries like Vietnam, Indonesia, and the Philippines sealed their agreements, and India was slapped with a massive 50% tariff, with more duties looming.

This video breaks down: Why Trump’s tariff threats were driven by personal grievance | How Modi’s refusal to “massage Trump’s ego” derailed months of negotiations | What Lutnick meant by giving India “three Fridays” to close the deal | Why the US has now stepped back completely from the earlier agreement | How the UK secured its deal after PM Keir Starmer personally called Trump

Was this a diplomatic miscalculation or a principled stand by India? And can the India–US trade relationship still recover? Watch till the end for the full political, economic, and geopolitical breakdown of this major global fallout.


Phone Call Never Happened?Why India-US Trade Deal Failed | Yuvraj Singh


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