In Trump’s Shadow, India and EU Expand Trade Ties
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By Julia Payne BRUSSELS, Jan 27 (Reuters) - If the European Union wants to be serious about defence, the first step is to stop buying non-European components with a "Buy European Act", France's minister for space said on Tuesday.
The 27-nation bloc struck a trade deal with Trump in July.
India and the European Union concluded a long-awaited trade agreement, boosting prospects for Indian exporters while reshaping the competitive landscape for local manufacturers.
Shares of India's top carmakers dropped as much as 5% on Tuesday after India and the European Union announced sharp tariff cuts on European car imports as part of a trade deal, potentially the most aggressive opening yet of a protected sector.