Get Instant Loan up to ₹10 Lakh!
India says no plan to impose retaliatory tariffs on US goods
- US President Donald Trump said he intends to end India’s preferential trade treatment
- Under the GSP programme, India exports $5.6 billion worth of goods to the United States duty free
New Delhi: India does not plan to impose retaliatory tariffs on US goods after US 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 programme, India exports $5.6 billion worth of goods to the United States duty free.
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed
Catch all the Business News, Politics news,Breaking NewsEvents andLatest News Updates on Live Mint. Download TheMint News App to get Daily Market Updates.
MoreLess
First Published:5 Mar 2019, 10:24 AM IST
- Top Gainers
- Top Losers
- 52 Week High