00:20India just signed what's being called the mother of all deals with Europe.
00:25And the United States is not exactly applauding.
00:28In fact, Washington says one thing very clearly.
00:32India wins.
00:33Europe, not so much.
00:35India and the European Union have finalized...
00:38...a historic free trade agreement, one of the biggest economic deals either side.
00:43But as celebrations broke out in New Delhi and Brussels...
00:48...the U.S. reacted with a blunt assessment.
00:51According to President Trump's trade...
00:53...representative, India is about to have a heyday.
00:56Speaking to Fox Business...
00:58...Trump aide Jameson Greer said he's reviewed the deal and believes India...
01:03...clearly comes out on top.
01:04He says the agreement gives Indian companies greater access...
01:08...to European markets while also opening the door for more Indian workers to...
01:13...move into Europe.
01:14EU Commission President Ursula von der Leyen has already...
01:18...talked publicly about mobility for Indian workers, something that U.S. sees as...
01:23...a major advantage for India.
01:25Greer's bottom line?
01:27Low-cost India...
01:28European labor plus access to Europe equals a very good deal for New Delhi.
01:33Greer didn't stop there.
01:35He suggested the EU is doubling down on...
01:38...globalization at a time when the U.S. is trying to pull back and fix its downside.
01:43According to him, Europe is turning to India because it needs new trade...
01:48...outlets, especially if it can't keep exporting as much to the United States.
01:53In other words, Europe needs India more than India needs Europe.
01:58India EU FTA is massive.
02:00It links the world's second largest and...
02:03...fourth largest economies in a modern, rules-based trade partnership, but it...
02:08...doesn't stop at economics.
02:10India and the EU also signed a landmark...
02:13...and security and defense partnership.
02:15Their first ever overarching framework for cooperation...
02:18...on defense, regional security and global challenges.
02:22This is not...
02:23...just a trade deal.
02:24It's a strategic alignment.
02:26Meanwhile, India and the EU...
02:28...still don't have a trade deal.
02:30Washington continues to impose 50%...
02:33...tariffs on Indian exports and negotiations remain stalled.
02:38One major sticking point?
02:39India's continued purchase of Russian discounted oil.
02:43Greer says India has made progress, but not enough to satisfy U.S.
02:48concerns.
02:49And while he says he has a strong working relationship with Indian officials...
02:53...he made it clear...
02:54...India still has a ways to go.
02:57So, while...
02:58...and India celebrates a massive win with Europe...
03:00...the U.S. is watching closely and critically.
03:03One deal signed, another still up in the air, and a global trade...
03:08...and a chessboard that's shifting faster than ever.
03:13Pulled realistically...
03:15..the U.S. sizes into deserts is such a choice.
03:17And then if World War II...
03:18...to be willing to deliver...
03:19...it's cheap.
03:20Big time now to go.
03:21Untertitel Nicholas Henry cho Situation ...
03:23He lives in the food system.
03:24You know, there is a channel...
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03:28Theだから it is...
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03:31It will be cool that for moment...
03:32...to be about today.
03:33I know what I want it is guys in the environment...
03:34...to be about today you can also be...
03:36God, I will not get good.
03:38Luckily...
03:39...to be ourада here at the prepar source of extreme安ions...
03:41You can really take advantage...
03:42...to be a part of your dog food.
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