Truss Faces Fresh Headache as India-UK Free Trade Deal Stuck

  • Britain’s ask for duty cuts on auto, scotch yet to be decided
  • October deadline for concluding talks likely to be missed
£300B Wiped From UK Markets in Truss' First Month as PM
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India’s reputation as one of the world’s toughest trade negotiators is becoming more than an inconvenience for UK Prime Minister Liz Truss.

While Prime Minister Narendra Modi pledged to prioritize rapid “early harvest” trade agreements in 2021, India has signed just two new deals -- one with United Arab Emirates and another with Australia. Now prospects for a much-touted pact with the UK look to be getting bogged down.