Trump’s Tariffs Drive Wave of Global Trade Deals From EU to Asia

Benzinga

Global trade alliances are accelerating in response to President Trump’s protectionist policies, with countries forging new agreements to mitigate the effects of rising U.S. tariffs, according to The Wall Street Journal. On Tuesday, the U.K. and India finalized a trade deal cutting tariffs on whiskey, cars, footwear, and jewelry, expected to boost bilateral trade by over $34 billion. The EU is pushing for similar agreements with India, Mercosur, and Southeast Asian nations, while Canada and Asia revive past deals. Experts say Trump’s policies have acted as a catalyst for deeper global economic integration.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Global trade alliances are accelerating in response to President Trump's protectionist policies

00:06with countries forging new agreements to mitigate the effects of rising UF tariffs,

00:10according to the Wall Street Journal.

00:12On Tuesday, the UK and India finalized a trade deal cutting tariffs on whiskey, cars, footwear

00:17and jewelry, expecting to boost bilateral trade by over $34 billion.

00:21The EU is pushing for similar agreements with India, Recursor and Southeast Asian nations,

00:26while Canada and Asia revived past deals.

00:28That's where states Trump's policies acted as a catalyst for deeper global economic integration.

00:33For all things money, visit Benzinga.com slash GSTV.

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