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UK-India free trade deal slashes steep tariffs on whisky, gin, cars, and Indian exports
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Post by: JulietLuo
• Britain and India just signed a sweeping free trade agreement cutting tariffs on goods like Scotch, gin, cars, and Indian textiles, food, and jewelry.
• British whisky and gin will see tariffs fall from 150% to 40%, while India gains near full duty-free access for exports like textiles, footwear, and jewelry.
• For importers in both markets, this is a big win—lower costs, more access, and a fresh lane for trade growth.
Why this matters
• U.S. Protectionism vs. UK–India Liberalization. There will be risks isolating U.S. in the global trade.
• Realignment of Global Trade Partnerships: Trump’s tariffs may encourage countries like India to reduce reliance on the U.S., accelerating a global trade rebalancing.
