India Gains Upper Hand in EU Trade Agreement

The United States has stated that India has emerged as the major beneficiary of the trade agreement with the European Union. In the first reaction of the Trump administration to the India–EU trade deal, US Trade Representative Jamieson Greer said that India appears to have gained more advantages from the agreement.

Greer was responding to a question regarding the trade agreement between India and the European Union, which is being described as the “mother of all deals.” Speaking in an interview with Fox Business on January 27, Greer said that he had reviewed some details of the agreement.

“Honestly, it seems to me that India will benefit the most from this deal,” Greer said. He added that the agreement would increase India’s access to European markets.

According to Greer, India also appears to have received additional immigration-related benefits. Although he said he was not completely certain, he noted that European Commission President Ursula von der Leyen had spoken about the movement of Indian workers to Europe. This, he said, would further strengthen India’s position.

Greer emphasized that India’s advantage lies in its availability of low-cost labor, which could significantly benefit from increased access to European markets.

The US Trade Representative also remarked that the European Union seems to be placing a greater emphasis on globalization, while the United States is attempting to address some of the challenges of globalization domestically.

When asked about his views on the India–EU trade agreement, Greer said it is important to understand that former President Donald Trump prioritized domestic production. Under his approach, the US began imposing tariffs on foreign goods entering the American market.

As a result, Greer explained, other countries are now searching for alternative markets for their surplus production. This is why the European Union is turning toward India. Since the EU is heavily dependent on trade, it needs other options if it cannot export all of its goods to the United States.