Huang’s China affair may fix Howard Lutnick, the man who wanted to fix India

Synopsis Howard Lutnick faces a precarious future as the US commerce secretary, as divergent policies surrounding AI chip sales come into play. With Treasury Secretary Scott Bessent pointing fingers at Lutnick for delays in sanctioning the China-affiliated Megaspeed, things heat up. Complicating matters further, President Trump had previously endorsed specific chip sales to China, raising national security alarms. TOI correspondent from Washington: For commerce secretary Howard Lutnick, the roadmap for major trade deals was simple: countries like India and Brazil had to be “fixed” to set an example to the world; specifically, PM Modi needed to make a placatory phone…