Bessent says disappointed by EU-India deal; South Korea must ratify trade deal

U.S. Treasury Secretary Scott Bessent said on Wednesday he was disappointed by Europe's decision to strike a major trade agreement with India, saying it showed Europe put trade ahead of the interests of the Ukrainian people.
Bessent told CNBC that Europe had been buying refined products made in India with sanctioned Russian oil supplies, and had been unwilling to match higher U.S. tariffs on Indian goods because they were separately negotiating a trade agreement.