Tue, 06 May 2025

Tue, 06 May 2025 Faisal Islam: Trump tariffs may have helped drive UK-India trade deal

The UK has secured its biggest post-Brexit deal at a tense time for global trade.

* India has agreed its most generous free trade agreement with the UK, which will increase trade between the two countries.
* The deal will see tariffs on Indian exports to the UK reduced to zero, while 85% of British exports to India will not be tariffed.
* This is expected to boost British exports by £15bn and Indian exports by £10bn by 2040.
* The deal will allow cheaper imports of Indian cars, which could lead to job creation and lower prices for consumers.
* Trade experts expect the negotiations to take several months and this deal may be a way for the UK to increase its trade at a time when the US and China are involved in a brutal trade war.
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