How the India-EU trade agreement undermines US economic coercion

The India–EU trade agreement marks a significant moment in the development of the global political economy. Described by European Commission President Ursula von der Leyen as the “mother of all deals”, the agreement links one of the world’s fastest-growing major economies with the world’s biggest single market. Yet, within hours of Brussels and New Delhi announcing their “strategic partnership”, US Treasury Secretary Scott Bessent accused the EU of putting trade ahead of the Ukrainian people....