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UK, India Agree Trade Deal Amid Fallout of Trump Tariff Wars

News Snapshot:

India and the UK agreed a trade deal aimed at boosting economic ties between the world’s fifth and sixth-largest economies, as Washington’s disruptive tariff policies continue to reshape global trade. The agreement, India’s most ambitious and modern to-date, cuts tariffs on products including whisky, gin, cosmetics and vehicles, Britain’s Department for Business and Trade said Tuesday in a statement. The UK estimates the deal will add an annual £4.8 billion ($6.4 billion) to the British economy over the long-term — equivalent to 0.17% of gross domestic product. The deal is critical for both UK Prime Minister Keir Starmer and his…

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