Trump Slams EU-India Trade Deal, Accuses Europe of Funding War Against Itself
The US has expressed concerns that Europe is indirectly funding the Russia-Ukraine war by purchasing refined Russian oil products from India, even while Washington imposes tariffs on New Delhi. US Treasury Secretary Scott Bessent stated that Europe’s recent free trade agreement with India, dubbed the “mother of all trade deals”, allows this to occur. The US argues that while it has worked to destabilize Moscow’s energy trade and made significant sacrifices, Europe continues to benefit economically from loopholes in the global oil trade. The trade deal between the EU and India is set to boost economic ties between the regions despite US tariffs and global trade disruptions.
John Q. Hosedrinker