India doesn't plan to impose retaliatory tariffs on US goods - trade official


Devdiscourse News Desk | Updated: 05-03-2019 10:21 IST | Created: 05-03-2019 10:04 IST
India doesn't plan to impose retaliatory tariffs on US goods - trade official
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  • Country:
  • India
  • United States

India does not plan to impose retaliatory tariffs on U.S. goods after U.S. President Donald Trump said he intends to end India’s preferential trade treatment, a top trade official said on Tuesday.

Anup Wadhawan said the withdrawal of the Generalised System of Preferences for Indian products would have limited impact. The two countries had been working on a trade package to address each other's concerns, he said. Under the GSP program, India exports $5.6 billion worth of goods to the United States duty free.

(With inputs from agencies.)

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