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India News | India-EU FTA: Can 'mother of all trade deals' offset impact of Trump's tariffs? Explained

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By TOI-India

India-EU FTA: Can 'mother of all trade deals' offset impact of Trump's tariffs? Explained
Representative Image • Source: TOI BUSINESS DESK
Once operational, around 93% of India’s exports are set to gain duty-free entry into European markets, while Indian consumers are likely to see lower prices on premium European imports such as luxury automobiles and wines. With the US as one of the largest trading partners of India, Trump’s 50% tariffs have dented its exports.

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