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UK and India strike a trade deal amid U.S.-led tariff tensions - TL;DR CNBC

UK and India strike a trade deal amid U.S.-led tariff tensions

Publishing timestamp: 2025-05-06 13:26:15


Summary

The UK and India have struck a bilateral trade agreement that will gradually lower import taxes, with the majority of goods becoming tariff-free within a decade. The deal is expected to increase bilateral trade by $34 billion and comes at a time of rising global trade tensions.


Sentiment: POSITIVE

Tickers: WNS

Keywords: united statesnarendra modibusiness newsunited kingdombreaking news: politicswns (holdings) ltdindiaforeign policypoliticseconomic events

Source: https://www.cnbc.com/2025/05/06/uk-and-india-strike-a-deal-amid-us-led-trade-tensions.html


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