Do Trump’s tariffs increase trade deals for China and India?

The European Union and India finalized a landmark Free Trade Agreement, termed the “mother of all deals,” after nearly two decades of negotiations. This agreement, influenced by rising U.S. tariffs, aims to enhance economic ties and market access, significantly reducing tariffs on a range of products, including automobiles and textiles. Indian Prime Minister Modi emphasized the deal’s potential to benefit farmers and small businesses. Additionally, a mobility framework for skilled professionals was established to facilitate travel and work between the two regions.