India and the European Union had been in talks in terms of securing a trade deal for close to two decades. And with the constant threat of regulations and conditions on the goods that can be sold in the Union, India failed to meet the requirements. Over time, India continued to focus on other nations to secure trade deals and promote Indian goods and workforce, which proved fruitful. In recent times, the trade landscape has changed with the threat of “tariffs” being imposed g

India has been focusing on trade with the United States since the beginning of this year. With the introduction of the tariffs, most traded goods are stuck in warehouses. This is due to the high tariffs being imposed by the United States of America on Indian goods, as we have potential ties with Russia on its crude. From what is observed, the imposition of tariffs is mostly driven by personal relationships with the leaders of the nations.