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India and the European Union have finalised a long-awaited free trade agreement, potentially boosting India’s exports, expanding market access, and attracting more foreign investment, while gradually opening European markets to Indian goods and services. Analysts highlight potential sectoral gains and macroeconomic implications.
India and the European Union have sealed a landmark Free Trade Agreement that significantly benefits Indian automakers. While EU car imports will see phased tariff cuts, Indian-made vehicles and auto components gain major duty-free access to Europe. Tariffs on Indian car parts drop to zero, and electric vehicle exports will see gradual duty elimination, giving companies like Maruti, Tata Motors an
The European Parliament has suspended work on the EU–US trade agreement after President Donald Trump demanded control over Greenland and threatened tariffs on European allies. Lawmakers said fresh tariff threats violated the Turnberry agreement, prompting the deal to be put on hold. The move highlights rising transatlantic tensions, with Europe resisting pressure despite the risk of higher US tari
Trade tensions between the US and Europe have escalated after President Donald Trump announced a 10% tariff on goods from eight European nations opposing American control over Greenland. The tariff is set to rise further unless Greenland is transferred to the US. In response, European Union lawmakers are considering halting approval of the EU-US trade agreement, signalling a deepening geopolitical
