German industry / autos / pharma
Par parti pris · 1 takes across the edition
Handelsblatt · Germany · EU and India clinch the 'mother of all' trade deals
Reads the deal as access to a growth market for German exporters: car tariffs cut but capped at 90,000 EVs and 160,000 combustion vehicles a year, parts duties phased to zero, chemicals and pharma to near-zero. Notes €180bn current trade, doubling of EU exports expected by 2032.
“The EU and India are making history today and deepening the partnership between the world's largest democracies, said von der Leyen.”