Britain and India clinch major trade deal in 'new era' of Trump tariffs

Efforts to boost trade in whisky, cars and food hastened by turmoil caused by US

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Britain's Secretary of State for Business and Trade Jonathan Reynolds welcomes Indian Minister of Commerce and Industry Piyush Goyal for trade talks, in London on April 28. (Department for Business and Trade via Reuters)

NEW DELHI/LONDON (Reuters) -- Britain and India clinched a long-coveted free trade pact on Tuesday after tariff turmoil sparked by U.S. President Donald Trump forced the two sides to hasten efforts to increase their trade in whisky, cars and food.

The deal, between the world's fifth and sixth largest economies, has been concluded after three years of stop-start negotiations and aims to increase bilateral trade by a further 25.5 billion pounds ($34 billion) by 2040.

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