Amid the rising concerns over global trade due to Trump's tariff policy, Rosa Balfour, Director at Carnegie Europe, said that something must be done to protect the international trading system.
Speaking about how various global groupings will step up to meet the challenges arising from the US trade tariffs, Carnegie Europe Director Rosa Balfour said that countries and large blocs are coming together to ensure they have a "web of relationships" that can preserve global trade.
Calling India and the European Union (EU), like-minded partners and highlighting the increase in partnership between the two for the finalisation of the Free Trade Agreement (FTA), Carnegie Europe Director Rosa Balfour shared the nuances for the FTA on the sidelines of the Carnegie Global
Evan A Feigenbaum, Vice President for studies at the Carnegie Endowment for International Peace, believes that there is a lot of pressure from the financial markets on the US administration to change its course.
During the panel discussion "Tariffied World: T minus" at the Global Tech Summit on Saturday, Balfour said that Europe is accelerating talks with India and has also started talks with several nations, including Asia, Malaysia, the Philippines, and the UAE. She stated that Europe is making