EU-India trade deal moves forward amid U.S. stance uncertainty

India and the EU announced a landmark free-trade agreement to reduce tariffs on more than 90% of goods, with India cutting duties in agriculture and autos and the EU easing tariffs on textiles, leather, marine products and jewelry—a long-sought deal that faces uncertainty from U.S. President Trump’s stance even as markets brace for a Fed decision and broader shifts in global trade.