India and the European Union finalize a major free trade agreement after years of talks

India and the European Union have concluded negotiations for a landmark free trade agreement, described as the 'mother of all deals.' The pact, representing a market of over two billion people, aims to significantly reduce tariffs on goods like European cars and spirits and boost manufacturing in India.

Reactions to the deal have been mixed. European leaders, including European Council President Antonia Costa and European Commission President Ursula von der Leyen, have praised it as a sign of reliable partnership. In the United States, Trump's trade chief called the deal 'disappointing,' arguing it favors India, while another Trump aide said 'India comes out on top.'

Separately, headlines indicate a separate trade deal between India and the United States remains stalled. A Trump aide, Howard Lutnick, claimed the delay was because Indian Prime Minister Narendra Modi did not call Trump. At the same time, Trump has called Modi a 'fantastic leader' and suggested a 'good deal' with India is possible.