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US Treasury Secretary Bessent calls EU-India trade deal ‘very disappointing’; remarks expose US hegemonic mindset: Chinese expert

2026-01-29 15:57   环球时报网英文版

  US treasury secretary Scott Bessent, Photo: VCG

  US officials have commented on the recently signed trade deal between EU and India, dubbed the "Mother of all deals," with US Treasury Secretary Scott Bessent expressing his disappointment with the Europeans, and US Trade Representative Jamieson Greer saying that India has come out on top of it.

  The EU on Tuesday finalized a long‑delayed trade deal with India that aims to boost two-way trade and reduce the bloc"s reliance on the US amid growing global trade tensions, according to Reuters.

  The deal is expected to double EU exports to India by 2032 by eliminating or reducing tariffs on 96.6 percent of traded goods by value, and will lead to savings of 4 billion euros ($4.8 billion) in duties for European companies, the EU said.

  Commenting on the free trade agreement between the EU and India, the first having faced tariffs threats from the US over its opposition of US plans to take over Greenland, and the latter facing a 50-percent tariff from the US for its purchase of Russian oil, Bessent said "they should do what"s best for themselves, but I will tell you, I found, I find the Europeans very disappointing."

  Bessent said the deal made it clear why Brussels had balked at joining Washington"s decision to impose 25 percent tariffs on India last year. "So every time you hear a European talk about the importance of the Ukrainian people, remember that they put trade ahead of the Ukrainian people," Bessent said.

  In last August, the US imposed a 25-percent tariffs on Indian imports on the ground that the country imported Russian oil. The tariff rate was later increased to 50 percent.

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