Europe seeking India as a tariff free market
European union is looking for an alternative market as America has imposed 25%, tariff on European Union So, they have chosen India as an alternative market for the upcoming for 4 years. They are offering easy visa policy to Indian workers and in return they are asking India to reduce tariffs on for goods from EU. As we know India is a large importer and makes profit only by selling their goods to USA and European union. India makes a profit of $36 billion dollar from America every year. and $22 billion from European union. It is indeed a hard deal for India to accept it because these two are places through which India makes profit by selling their goods. Just because America introduces a new tariff policy to E.U, that's why EU is choosing India as a Substitute for the next 4 years Europe itself calls India a third world country and now they are requesting India to eliminate the tariff. What's your Opinion when a 1st World country requests a 3rd world country to Support their economy.
Pushpita Bhattacherjee
2/27/20251 min read

Heres a 2 minute video in detail about the topic .
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