Is India a tariff king?3 min read . Updated: 16 Oct 2018, 10:19 AM IST
The lurch toward protectionism threatens to undo more than two decades of trade liberalization measures that have powered the nation's growth
Mumbai: Earlier this month, US President Donald Trump described India as “the tariff king", accusing it of imposing “tremendously high" tariffs on American products. As if to prove him right, India last week introduced a second set of tariff hikes.
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