India, UK Ink Record Trade Deal Amid Global Shifts

The UK and India have signed a landmark free trade agreement, described as Britain's most ambitious post-Brexit deal, which aims to double bilateral trade to $120 billion by 2030. The pact features significant tariff reductions, including on British luxury cars and whisky, and will increase market access for both nations. The agreement is expected to drive economic growth, job creation, and deeper bilateral ties. This development comes as President Donald Trump is expected to announce a major U.S.-UK trade agreement, signaling a shift in U.S. trade policy following recent tariff increases. Experts note that these deals reflect a broader trend of countries diversifying trade relationships amid global trade uncertainty. The effectiveness of these agreements will depend on their implementation and the ability of businesses to adapt to new competitive conditions.