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'Historic milestone' as UK and India agree trade deal

The Chronicle

|

May 07, 2025

THE UK and India have sealed a free trade agreement, in a deal which is hoped will boost sectors hardest hit by Donald Trump's tariffs.

'Historic milestone' as UK and India agree trade deal

The deal, announced yesterday afternoon, will mean dramatic tariff reductions on scotch whisky and car exports to India, while levies on aerospace, electricals and other food products will also fall.

Prime Minister Sir Keir Starmer said: "We are now in a new era for trade and the economy. That means going further and faster to strengthen the UK's economy, putting more money in working people’s pockets." He added: "Today we have agreed a landmark deal with India - one of the fastest growing economies in the world, which will grow the economy and deliver for British people and business."

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