The India-U.K. trade deal came into effect on July 15, 2026. In a written interview with The Hindu, Chris Hayward, Policy Chairman of the City of London Corporation, the U.K.’s financial and commercial hub, discusses the implications of the agreement, including what it means for manufacturing, infrastructure and financial services, as well as how investors can navigate changes in U.K. political leadership.
Pharmaceuticals and Life Sciences, electronics and precision engineering, engineering goods and industrial machinery and chemicals and specialty chemicals are set to benefit most from the landmark agreement that came into force on July 15
The UK signs a new services deal with Switzerland it says will increase exports by £5.2bn annually "in the long run".
Regarding a timeline, Commerce Secretary Rajesh Agrawal indicated that the deal could be signed even before the U.S. investigations on its trade partners are completed.
As per the Directorate General of Foreign Trade’s notification, a total of 20,000 completely built units (CBUs) of petrol and diesel passenger vehicles will be allowed for import from the U.K. at concessional rates of 30-50%, depending on the size of the car, down from the normal import duty of between 66-110%
China is trying to “infiltrate” the US-Mexico-Canada trade agreement via Mexican automotive investments, a US manufacturing trade group said, as Washington indicated it would not renew the agreement that comes up for review this month. However, analysts cautioned that full decoupling from China’s automotive industry remains difficult, given North America’s continued dependence on Chinese-sourced motor vehicle components and Mexico’s legacy of export manufacturing plus quick access to the US...
The United States confirmed on Wednesday it would not renew its North American trade pact, its trade chief blaming Canada’s pursuit of Chinese investment. US Trade Representative Jamieson Greer said the three governments met virtually and that Washington would not endorse the United States-Mexico-Canada Agreement (USMCA) in its current form. “The United States did not agree to renew the USMCA in its current form. As a result, the USMCA is not renewed,” Greer said in a statement. The refusal did...
US blocks 16-year North America trade deal renewal, triggering annual rolling reviews
USMCA came into effect on July 1, 2020, and is slated to expire after 16 years.
US President Donald Trump’s administration is expected to formally declare on Wednesday that it will not extend the US-Mexico-Canada Agreement on trade, starting a decade-long clock to wind down the 32-year-old North American free-trade zone as the three countries haggle over proposed changes. That declaration will kick off a six-year review session, part of a “sunset clause” negotiated by Trump’s first administration. However, it will do little to alter contentious negotiations over the pact’s...