US strikes bilateral deal with Southeast Asia! EU exports face the heat, India watches keenly

As the United States deepens its bilateral trade ties with Indonesia and Vietnam, a lion’s share of European exports to these Southeast Asian economies faces a potential risk of trade dislodgment. According to a recent media analysis, around 10 per cent of the European Union’s total exports to these two nations are now under competitive threat due to newly signed preferential trade agreements between Washington and the two southeastern nations.

Image for referential purposes only
Scale of the potential disruption
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