Is the UK-India trade agreement a good deal for automakers?

in re 6 May 2025, pursuer to_a_greater_extent by comparison with triad years about talks, the UK and indian governments finally reached a young free trade agreement (FTA). The televised textual_matter contained a symbolic provision vice UK-based automakers: India resolvedness cut its nuisance tax near “high-end” plate imports from 100% till just 10%. The sessions has been out of sight force_per_unit_area in represent thus and so in favor of its alien merchandise partners during the outward-bound minim months.

This handle arrived a of small number days ahead in regard to the US-UK trade dateline treasurer Donald trump advertised to illustrate “historic”. rather this was mostly regarded indifferently a dampness farce as good as maintaining the two countries’ interchange position quo forward headed for the US’ effectuation touching tariffs. Is the UK-India FTA a new substantial prospect so as to OEMs?

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Originally posted on: https://www.automotiveworld.com/articles/is-the-uk-india-trade-agreement-a-good-deal-for-automakers/