US Slams India-EU Trade Deal: Calls it 'Betrayal' Amid Ukraine War

• The US Treasury Secretary Scott Bassant criticized the India-EU Free Trade Agreement, accusing Europe of prioritizing commercial interests over principles during the Ukraine war.
• Bassant stated that Europe's stance is 'disappointing' as it publicly supports Ukraine but practically favors trade with India.
• The India-EU deal, finalized on January 27, 2026, involves the EU removing tariffs on 99.5% of Indian products and India offering concessions on 97.5% of trade value.
• The US believes Europe did not support its tariffs on India last year due to ongoing trade deal negotiations.
• Bassant alleged Europe indirectly funds Russia's war by buying refined Russian oil products from India, questioning Europe's commitment to Ukraine.

Why It Matters: The US criticizes the India-EU trade deal, viewing it as a betrayal of Ukraine due to Europe's perceived commercial priorities.