India, UK agree ‘historic’ trade deal including tariff cuts
aljazeera.comPublished: 5/6/2025
Summary
India and the UK celebrated a landmark trade agreement after years of negotiations, which aims to bolster their economies amid U.S. President Donald Trump's tariffs. The deal boosts bilateral trade by 25.5 billion pounds and increases wages for both countries, cutting tariffs and supporting British exports like cosmetics and lamb while helping workers through a "Double Contribution Convention." Prime Ministers are set to mark the agreement with phone calls and planned visits later this year as they move toward investment treaties and environmental standards discussions.