Under the shadow of Trump's tariff war, the UK and India reached a trade deal

India and the United Kingdom have reached a trade deal aimed at strengthening economic ties between the world's fifth and sixth largest economies, as Washington's damaging tariff policies continue to reshape the global trade landscape. "A balanced, fair and ambitious free trade agreement covering trade in goods and services is expected to significantly strengthen bilateral trade, create new jobs, raise living standards and improve the overall well-being of the citizens of both countries," the Indian government said in a statement on Tuesday. "It will also unlock new potential for both countries to jointly develop products and services for the global market." For British Prime Minister Starmer and Indian Prime Minister Narendra Modi, the agreement is crucial as countries around the world race to insulate themselves from Trump's tariff war. For India, the deal has enhanced its reputation as an emerging investment destination, attracting investors looking to diversify.