#TradeStories ✅In May 2025, #TradeStories highlight major global trade developments. The UK and India finalized a historic free trade agreement, phasing out tariffs over a decade, boosting UK whisky and car exports and Indian clothing trade.

✅US-China trade talks are scheduled for May 9-12 in Switzerland to address rising tariff tensions, with no quick resolution expected. ✅U.S. President Trump’s tariffs are disrupting markets, increasing costs for companies like Ford ($1.5B hit) and Mattel ($270M), and driving a record U.S. trade deficit.

✅UK Chancellor Rachel Reeves prioritized EU trade ties over the U.S., ahead of a May summit.

✅India faces challenges from cheap Chinese imports, hurting local industries like Tamil Nadu’s spinning mills. The UK film industry braces for potential 100% U.S. tariffs on foreign films.

✅Global markets show mixed responses, with European stocks up 3.44% and U.S. ports reporting export declines.