The world saw three of the biggest trade deals in January 2026, and none of them involved the US. The major shift indicates that the world is moving forward, forging new alliances and rewriting policies that suit its agenda. The US, however, played no part in all these, but mostly aided the deals to come through, all thanks to Trump’s tariffs and trade wars.
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All 3 Trade Deals Had Nothing To Do With the US
India and the European Union: A landmark trade deal between the European Union and India was announced on Tuesday. The two agreed to a large free-trade zone covering roughly 2 billion people. The Head of the European Union, Ursula von der Leyen, described it as the “mother of all deals.” It involves significantly eliminating tariffs on most goods traded between the two parties. Wine, chocolates, luxury cars, and agricultural products, among others, are set to get cheaper.
The European Union Struck a Trade Deal With South America (MERCOSUR): On January 17, the European Union signed a partnership agreement with MERCOSUR countries Argentina, Brazil, Paraguay, and Uruguay. The trade deal between the parties agreed to cut import duties on 91% to 92% of exports for over 15 years. The EU is the biggest investor in MERCOSUR countries with a trade stock of about $467 billion.
Canada and China: A new trade deal is being negotiated between Canada and China to reduce tariffs on specific products. The goods include electric vehicles and canola oil. Trump has threatened to impose 100% tariffs on all Canadian goods if they go ahead with a trade deal with China. The agreement now stays in limbo with America’s northern neighbor holding back on inking the new policy. “China is successfully and completely taking over the once Great Country of Canada. So sad to see it happen. I only hope they leave Ice Hockey alone!” wrote the President on Truth Social.
