India's 'Return Gift' to Trump: EU FTA Deflates US Economic Arrogance

Videsh
N
News18•27-01-2026, 23:16
India's 'Return Gift' to Trump: EU FTA Deflates US Economic Arrogance
- •India signed a historic Free Trade Agreement (FTA) with the European Union, defying US pressure tactics and tariffs.
- •The deal, dubbed the 'Mother of All Deals', positions India as an economic superpower, boosting jobs, investment, and exports.
- •It grants zero tariffs on 9,425 Indian products in the EU, creating a new export engine, especially for MSMEs.
- •The agreement opens 144 European service sectors for Indian professionals, including work visas for students and opportunities for Ayush experts.
- •Common consumers will benefit from cheaper European imports like olive oil, luxury cars, and premium liquor due to reduced tariffs.
Why It Matters: India's FTA with the EU challenges US economic dominance, making India a global economic and potentially defense powerhouse.
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