India doesn't plan to impose retaliatory tariffs on US goods - trade official
- 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.
ALSO READ
-
Prospects of a New Summit: South Korean Optimism Amid Uncertainty
-
Nomination Turbulence: White House Withdraws Jeffrey Anderson for ICAO Post
-
Potential EU Partnerships Stir International Debate
-
Trump's Rate War with the Fed: A High-Stakes Economic Drama
-
Trump's Bold Move: Meeting with Venezuela's Interim Leader
Google News