India and EU Sign Historic Free Trade Deal After 20 Years to Counter USA Tariff Pressure

India and the EU signed a historic free trade agreement in New Delhi after two decades of negotiations to establish a combined market of two billion people.The deal reduces tariffs on cars, wine, and chemicals while excluding sensitive agricultural products like beef and dairy to protect local farmers.Narendra Modi and Ursula von der Leyen finalized the accord as a strategic response to increased trade pressure and 50% tariffs imposed by the USA.