Although the trade talks first began in 2007, the greatest progress was made in the past six months. While the Indian labour-intensive sectors have been facing the 50% tariff, the EU-US relations remain volatile despite a trade deal. This month, Lutnick, in a podcast, had also targeted India’s dependence on China and its inability to sign a trade deal with the US. New Delhi’s opening up of the automobile sector particularly made the case for an India-EU trade deal, as the negotiations between the two countries were abandoned in 2013 over India’s stance on automobiles. For the UK, the India deal was the largest agreement since Brexit.

Source: Indian Express January 28, 2026 08:47 UTC