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Cake day: July 17th, 2025

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  • Maybe the article has changed since it was posted, but its very heavily about how Trumps trade war is accelerating a deal that has stalled for 20 years:

    The choice of guests also carries an important diplomatic message from India - Delhi is accelerating strategic and trade ties with the rest of the world as the impasse over Washington’s 50% tariffs on India spills over into the new year.

    “[It] sends a signal that India maintains a diversified foreign policy… and that it is not beholden to the whims of the Trump administration,” Chietigj Bajpaee of the London-based Chatham House think-tank told the BBC.

    Some reports say the deal could be announced as early as 27 January when leaders from both sides meet for a high-level summit. Both von der Leyen and India’s Trade Minister Piyush Goyal have called it the “mother of all deals” - highlighting the importance they’ve placed on concluding negotiations that are nearing the finish line after nearly two decades of hard bargaining on both sides.

    The pact will be India’s ninth free trade agreement (FTA) in four years, coming off the back of a string of deals with the UK, Oman, New Zealand and other countries. For Brussels, it follows the recently concluded trade deal with the Mercosur trading bloc as well as with Japan, South Korea and Vietnam.

    “Both sides now seek reliable trade partners, as threats arising out of the geopolitics have created a tumultuous environment for commerce. The urge is equally strong - for India to offset US tariff issues, and the EU to offset trade dependence on China which it considers unreliable,” says Sumedha Dasgupta, senior analyst at the Economist Intelligence Unit.

    There is more, but the last pargraph makes it clear that the OPs headline is correct in its framing:

    “Political friction with the US since early 2026 means that EU leaders will now be more welcoming towards this trade deal than they would have otherwise been,” says Dasgupta.