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On 28 Jan 2026 New Delhi and Brussels declared negotiations finished on a sweeping FTA that slashes duties on 93 % of Indian exports and phases in duty-free access for over 90 % of EU goods, locking the two economies into the largest bilateral trade zone either has ever signed.
On 28 Jan 2026, Treasury Secretary Scott Bessent publicly reaffirmed Washington’s “strong dollar” doctrine and denied any covert yen support, triggering a rapid 0.5 % rebound in the dollar index only a day after it touched its weakest level since 2022.
On 28 Jan 2026 the FOMC ended a run of three quarterly cuts by voting 10-2 to keep the federal-funds rate unchanged at 3.50–3.75%, openly rebuffing President Trump’s calls for cheaper money.
On 27 Jan 2026 New Delhi and Brussels formally closed talks on a free-trade pact that will wipe out most tariffs once ratified, creating a market of two billion people.
On 26 Jan 2026, President Trump declared he will hike duties on South Korean autos, lumber and pharmaceuticals from 15 % to 25 %, citing Seoul’s failure to ratify a July 2025 $350 bn trade-investment accord.
For the first time ever, silver printed triple-digits and gold crossed the $5,000 threshold within three trading days, driven by a sliding dollar, looming Fed cuts, and fresh U.S.–NATO friction over Greenland.
On 27 Jan 2026 New Delhi and Brussels officially declared negotiations closed on a 24-chapter free-trade agreement that will bind a market of 2 billion people—25 % of global GDP—pending legal vetting before signature.
After 18 years of on-and-off bargaining, Brussels and New Delhi have signalled they will formally declare FTA negotiations "concluded" and unveil a parallel security partnership when EU leaders meet Prime Minister Modi in Delhi on 27 January 2026.
On 26-27 Jan 2026, President Donald Trump announced via Truth Social that duties on South Korean autos, lumber, pharmaceuticals and other products will jump from 15 % to 25 % because Seoul’s National Assembly has not yet ratified last year’s $350 billion investment-for-tariff deal.
European Commission chief Ursula von der Leyen and European Council president António Costa landed in New Delhi ahead of the 27 Jan 2026 summit where both sides are slated to announce the formal closure of the India-EU FTA talks that have dragged since 2007.
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