India, European Union
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The India-EU Free Trade Agreement (FTA) will help textiles, leather, footwear, gems and jewelry, chemicals, and marine sectors and serve as a boost to exporters affected by US President Donald Trump’s tariffs,
The India-EU FTA comes at a crucial time for European carmakers, which are facing mounting pressure from higher US import tariffs and fierce price competition in China. The sharp cut in Indian import duties offers welcome relief and opens up new opportunities for companies such as Volkswagen and Renault,
President Trump has said the acquisition of Greenland is crucial for the US but European allies, including Denmark and Greenland, remain staunchly opposed to any US takeover.
India and the EU have finalised a historic free trade agreement, opening markets for goods and services while safeguarding key sectors, with the deal set to be officially announced at a high-level summit in New Delhi.
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Ted Cruz says Navarro, JD Vance blocked India trade deal; mocks Trump tariffs in leaked audio
Senator Ted Cruz was secretly recorded criticizing Vice President JD Vance and mocking President Trump's tariff policy. Cruz warned donors that the tariffs could harm the economy and lead to Trump's impeachment,