India-EFTA Free Trade Agreement Comes Into Force: Cheaper Swiss Goods, $100B Investment Boost

India-EFTA Free Trade Agreement Comes Into Force: Cheaper Swiss Goods, $100B Investment Boost
India’s landmark free trade agreement with the European Free Trade Association (EFTA) has come into effect. The deal promises cheaper Swiss chocolates and watches, $100 billion in investments, and one million new jobs, marking India’s first European trade pact with a direct investment commitment.
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Trump Urges EU to Slap 100% Tariffs on China and India to Pressure Russia Amid Ukraine War

Trump Urges EU to Slap 100% Tariffs on China and India to Pressure Russia Amid Ukraine War
US President Donald Trump has urged the European Union to impose tariffs of up to 100% on China and India, the two biggest buyers of Russian oil. The request, conveyed during a meeting with EU sanctions envoy David O’Sullivan, reflects Trump’s push to pressure Vladimir Putin by targeting Moscow’s energy revenues. If adopted, it would mark a major shift in EU strategy from sanctions to tariffs.
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Tariffs on Russian Oil Buyers Could Trigger Economic Collapse, Says US Treasury Chief

Tariffs on Russian Oil Buyers Could Trigger Economic Collapse, Says US Treasury Chief
US Treasury Secretary Scott Bessent warned that secondary tariffs on countries buying Russian oil including India and China could collapse Moscow’s economy and force Vladimir Putin into peace talks on Ukraine. He urged the EU to align with Washington as Trump signals a tougher ‘phase two’ sanctions plan.
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