India says no plan to impose retaliatory tariffs on US goods
1 min read 05 Mar 2019, 10:24 AM ISTUS President Donald Trump said he intends to end India’s preferential trade treatmentUnder the GSP programme, India exports $5.6 billion worth of goods to the United States duty free
PremiumNew 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
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Updated: 05 Mar 2019, 11:27 AM IST
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