BRUSSELS (CN) — India and the European Unionclosed a free trade deal Tuesday, linking a quarter of the world’s economy after nearly two decades of haggling.
The deal comes at a critical moment: India faces Donald Trump’s 50% tariffs and just lost preferential access to EU markets on Jan. 1, while the EU watches its own trade pact with Washington sit frozen in the European Parliament over concerns about the U.S. president’s threats against Greenland and NATO allies.
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