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As tariffs loom, the UK-India trade deal is all the more important

The article discusses the urgency of finalizing a free trade agreement (FTA) between the UK and India, especially in light of potential new tariffs that could affect UK exports. The UK is pushing for a deal to reduce tariffs on goods like whiskey and cars, which currently face high import duties in India. The negotiations, ongoing for over two years, aim to enhance economic ties post-Brexit, with the UK seeking better market access for its services and goods. However, the talks have been complicated by issues like India's demand for more visas for its citizens and the UK's push for lower tariffs on electric vehicles. The looming threat of new tariffs, particularly from the EU, adds pressure to conclude the deal swiftly to safeguard UK trade interests.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/as-tariffs-loom-the-uk-india-trade-deal-is-all-the-more-important/ar-AA1yITKu ]