India's 'most ambitious' trade deal with UK takes effect
AI Summary
India and the UK have implemented a significant free trade agreement allowing nearly all Indian exports to enter the UK duty-free. Concurrently, US senators have proposed imposing full tariffs on Indian imports related to Russian oil purchases.
A landmark free trade agreement allows zero-duty market access for nearly 99% of India's exports to the UK. Meanwhile, US senators have proposed a new bill to impose 100% tariffs on India over Russian oil purchases.
Politics Markets Deals Commodities India UK free trade agreement tariffs Russia oil US senators exports