BREAKING: Details of the historic trade deal between India and the EU have emerged:
1. Eliminates tariffs on ~90% of goods trade between EU and India
2. Set to double EU goods exports to India by 2032
3. Tariffs on cars from EU to India cut from 110% to 10%
4. Tariffs on wines from EU to India cut from 150% to 20%-30%
5. Tariffs on jewelry and textiles from India to EU cut to 0%
6. Tariffs on furniture, chemicals, leather, and metals from India to EU cut to 0%
This deal took nearly 20 years to reach and is being called the "mother of all deals."
India and the EU are looking to diversify away from the US.
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