Britian said Tuesday it has "secured the best deal [to which] India has ever agreed," and will provide "businesses with security and confidence to trade with the fastest-growing economy in the G20."

India and the UK agreed to a landmark trade deal slashing tariffs on cosmetics, vehicles, alcoholic beverages and other goods, as both sides look for wins to offset the disruption of President Donald Trump’s protectionist policies.

The two countries signed a deal three years after negotiations began to strengthen alliances in what the British prime minister called a “new era” of trade.