Bessent’s Disappointment: US Criticized Over India-EU Trade Deal
US Treasury Secretary Scott Bessent expressed strong disappointment with the European Union’s newly-negotiated trade agreement with India, particularly given the ongoing war in Ukraine. Bessent criticized the EU for prioritizing trade interests over the war, highlighting that Europe has been buying refined Russian products after India began buying sanctioned Russian oil, indirectly funding the conflict. The US had imposed tariffs on India for buying Russian oil but the EU did not join these efforts, which Bessent claimed was due to the trade deal. This agreement, which India officials have called “the mother of all deals”, is expected to boost India’s exports and comes amidst global trade tensions.
John Q. Hosedrinker 
Matt Underwood