India just agreed a massive trade deal - but it's not with the US | CNN Business

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India just agreed a massive trade deal - but it's not with the US | CNN Business

//business-finance.news-articles.net/content/202 .. -deal-but-it-s-not-with-the-us-cnn-business.html

Published in Business and Finance on Wednesday, May 7th 2025 at 12:00 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

India and Britain struck a "landmark" trade deal Tuesday, the UK government said, marking progress on lowering and removing tariffs just as President Donald Trump is busy raising US import taxes to historic levels.

The article from CNN dated May 6, 2025, discusses the ongoing negotiations between India and the United Kingdom for a free trade agreement aimed at reducing tariffs and enhancing economic cooperation. The deal is expected to significantly benefit sectors such as technology, pharmaceuticals, and textiles, with both nations expressing optimism about concluding the agreement soon. Key points include the potential elimination of tariffs on certain goods, increased market access for services, and the fostering of investment opportunities. The negotiations are seen as a strategic move to strengthen bilateral ties and boost economic growth amidst global trade uncertainties.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/06/business/india-uk-trade-deal-tariffs-intl ]

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