As the Trump tariffs isolate the US further, EU and India strikes “The mother of all deals”, which removes tariffs on 90 percent of all products. This is expected to increase the trade substantially and leverage the production capacity in India, while opening up India further to EU exports.

So Trump adds tariffs, US consumers pay more and import less, and then EU consumers take over and get an even lower price on Indian goods.

How on earth is that “America first”?

https://www.cnbc.com/2026/01/27/india-eu-trade-deal-tariffs-exports.html