Pressure's mounting on the India-US trade front. With talks stalled and the rupee hitting all-time lows, New Delhi and Washington are gearing up for a critical discussion scheduled January 13. The ambassador's confirmation signals both sides are ready to get serious—but the damage to bilateral ties and currency stability tells you how contentious these negotiations have become. The rupee's record breakdown isn't just a currency story; it's a window into broader emerging market stress and capital flow dynamics worth tracking.