Trump 2.0: US Strikes Historic EU Trade Deal, Targets 18 Nations
The White House Press Secretary on Thursday announced sweeping changes to US trade policy under the Trump 2.0 administration. A landmark trade agreement with the European Union was the highlight.
This “historic” deal includes a commitment by the EU to purchase US energy valued at USD 750 billion. Details regarding specific energy sources and timelines remain undisclosed.
Simultaneously, the administration revealed ongoing negotiations with 18 major global trading partners. The identities of these partners were not publicly released.
The announcements signal a significant shift in US trade strategy, prioritizing bilateral agreements and energy exports. This aggressive approach could reshape global trade dynamics and significantly impact India’s export strategies in the coming years. The potential ramifications for Indian businesses, particularly in the energy sector, warrant close monitoring.