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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.
On 25 Jan 2026 Canada slashed its 100 % duty on up to 49,000 Chinese electric vehicles to 6 %, triggering U.S. President Donald Trump to warn he will hit all Canadian imports with a 100 % tariff if Ottawa edges toward broader trade with Beijing.
On 26 Jan 2026, spot gold closed above the $5,000 psychological ceiling for the first time, capping a multi-day surge that also propelled silver past $100 and platinum to fresh peaks amid intensifying geopolitical frictions and a sliding U.S. dollar.
On 22-23 Jan 2026 Washington and Beijing simultaneously approved and closed a deal that split TikTok’s U.S. business into a new company—TikTok USDS Joint Venture LLC—allowing the app to keep operating past the 23 Jan legal deadline.
Weeks after U.S. special forces captured Nicolás Maduro, Venezuela’s parliament approved on first reading a bill that lifts decades-old state control and lets private (mainly U.S.) firms run oil fields—aiming for an 18 % output jump in 2026.
On 23 Jan 2026, Nissan agreed to sell its Rosslyn assembly and stamping facilities to Chery South Africa, with ownership transferring mid-2026 pending regulators, ending Nissan vehicle production in the country after nearly six decades.
On 23 Jan 2026 ByteDance formally registered TikTok USDS Joint Venture LLC, transferring majority (80.1%) ownership to U.S.-led investors and thereby satisfying the 2024 divestiture law that would have shut the app down this week.
On 23 Jan 2026 TikTok closed a deal creating "TikTok USDS JV"—80.1 % owned by US-led investors with Oracle guarding data—to satisfy the 2024 divest-or-ban law and keep the app online for 200 million American users.
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