India-EU Trade Deal: When Will European Cars & Liquor Get Cheaper?

• India and the European Union concluded a trade deal on January 27, 2026, aimed at reducing tariffs on goods.
• The deal, dubbed the 'Mother of All Deals', took 18 years to finalize and will make goods cheaper over time.
• Prices for European cars, liquor, and other goods will not drop immediately; full implementation is expected by late 2026 or early 2027 after legal and translation processes.
• The agreement will be implemented in phases over 10-12 years, with significant tariff reductions on cars and high-tech machinery in later stages (2030-2037).
• Challenges include potential vetoes from individual EU member states (as seen with CETA), India's protection of its agri-sectors, EU's environmental tax demands, and visa issues for Indian professionals.

Why It Matters: The India-EU trade deal will gradually reduce prices of European goods, but full impact will take years.