India, Jan. 29 -- US treasury secretary Scott Bessent on Wednesday said he was disappointed with Europe, while speaking about the European Union's trade deal with India.
India and the EU concluded a "historic" free trade agreement on Tuesday, one that European Commission President Ursula von der Leyen termed the "mother of all deals."
In an interview with CNBC, Bessent said Europe had been purchasing refined products made in India with Russian oil supplies. He further alleged that EU had been unwilling to match US tariffs on Indian goods because they were negotiating a trade agreement.
The US had, last year, imposed additional 25 per cent tariffs on India, while citing the purchase of Russian oil.
"They (Europe) should do what's best ...
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