India, China no longer developing nation, won’t let them take benefits: Trump
Hindustan TimesPresident Donald Trump has said India and China have “grown” up, and they are no longer “growing nations” that have enjoyed “tremendous advantages” at the cost of “mature nations” like the United States in the context of trade and other bilateral and multilateral relations, and he will not allow that to continue. U.S. President Donald Trump speaks in the Oval Office of the White House Without naming the two countries, Trump went on to cite “victories” scored by the US on his watch in trade fights at the World Trade Organization and the pulling out of the Paris Accord on climate change as proof of an attitude change effected by his America to stop countries for “screwing” it any longer. “Certain countries -- like China, India, many countries,” Trump said at an event in Pennsylvania on American energy and manufacturing on Monday, “were viewed … as ‘they’re growing’. Trump ended duty-free preferential trade benefits for India — under the Generalized System of Preferences — in July after failing to extract concessions on market access in dairy and medical devices sectors, has threatened “reciprocal” higher tariffs at other times and his administration is understood to be planning more punitive measures in pursuit of a lengthening list of US grievances.