India and the European Union have announced what's been named 'the mother of all trade deals'.  

The landmark agreement will allow the free trade of goods across the 27 EU states and India, which make up nearly 25% of global trade across a market of two billion people. 

It comes as both sides contend with economic pressure from Donald Trump's tariffs.  

Europe correspondent Mike Pearse told Ryan Bridge just about everything from tea, to cars, to chemicals will see tariffs cut and trade made easier. 

He says it's been dubbed the biggest and most historic trade deal ever, being talked about for more than 20 years.  

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