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Daily Digest for
December 13, 2025
India-EU free trade talks stall over autos and steel
India and the European Union have delayed concluding their long-discussed free trade agreement, with talks now expected to run into next month amid unresolved disputes over automobiles, steel tariffs, and EU carbon border tax rules. The delay comes as India seeks alternative markets following steep new U.S. tariffs and both India and the EU simultaneously pursue other trade deals worldwide.