India to impose retaliatory tariffs on 28 US goods
5 years, 6 months ago

India to impose retaliatory tariffs on 28 US goods

Al Jazeera  

The new duties will take effect on Sunday. India will impose higher retaliatory tariffs on 28 United States products including almonds, apples and walnuts from Sunday, following Washington’s withdrawal of key trade privileges for New Delhi. The new duties take effect from Sunday, a government notification said, in the latest trade row since US President Donald Trump took office in 2017 vowing to act against countries with which Washington has a large trade deficit. Reuters previously reported India was preparing to levy higher tariffs ahead of Prime Minister Narendra Modi’s forthcoming meeting with Trump on the sidelines of a G20 summit in Japan on June 28 and 29. India initially issued an order in June last year to raise import taxes as high as 120 percent on a slew of US items, incensed by Washington’s refusal to exempt it from higher steel and aluminium tariffs.

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