EU seeks India trade deal to cut U.S. reliance

AWANI

European Commission president Ursula von der Leyen said the EU aims to seal a trade deal with India this year while exploring agreements with other partners to reduce reliance on the US.

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00:00The European Union aims to finalize a trade deal with India before the end of the year.

00:06The European Commission President Ursula von der Leyen says the move is needed

00:10as rising United States tariffs is pushing the bloc to diversify its economy.

00:17Speaking in Berlin, she said Indian Prime Minister Narendra Modi

00:21had given his personal commitment during a phone call the previous day.

00:25Von der Leyen also confirmed that talks were underway with South Africa, Malaysia,

00:30the United Arab Emirates and several other countries.

00:33This came as the US now imposes a 15% tariff on most EU goods,

00:38with steel and aluminium facing even higher rates.

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