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The U.K. and India have concluded a free trade agreement after three years of intermittent negotiations, with the aim of boosting bilateral trade by $34 billion by 2040. The deal between the world’s fifth and sixth largest economies comes in the wake of tariff chaos sparked by U.S. President Donald Trump. The agreement is anticipated to reduce tariffs on goods such as whisky and create opportunities for British companies in India and Indian workers in the U.K, reported Reuters.

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