UK, India Seal $34 Billion Free Trade Deal Amid Tariff Turmoil — As Trump Waits In The Wings

About UK, India Seal $34 Billion Free Trade Deal Amid Tariff Turmoil — As Trump Waits In The Wings

The U.K. and India have concluded a free trade agreement after three years of intermittent negotiations, with the aim of boosting bilateral trade by $34 billion by 2040. The deal between the world’s fifth and sixth largest economies comes in the wake of tariff chaos sparked by U.S. President Donald Trump. The agreement is anticipated to reduce tariffs on goods such as whisky and create opportunities for British companies in India and Indian workers in the U.K, reported Reuters.

Duration

49 sec

Released

2025