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

Reuters
Updated5 Mar 2019, 11:27 AM IST
US President Donald Trump
US President Donald Trump(Reuters)

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 Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.MoreLess
First Published:5 Mar 2019, 11:27 AM IST
HomePoliticsNewsIndia says no plan to impose retaliatory tariffs on US goods

Most Active Stocks

Tata Steel

158.00
02:54 PM | 19 JUL 2024
-8.35 (-5.02%)

Bharat Electronics

307.00
02:54 PM | 19 JUL 2024
-6.5 (-2.07%)

Tata Power

415.50
02:53 PM | 19 JUL 2024
-14.5 (-3.37%)

Zee Entertainment Enterprises

138.05
02:53 PM | 19 JUL 2024
-4.4 (-3.09%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Tata Teleservices Maharashtra

107.06
02:37 PM | 19 JUL 2024
9.63 (9.88%)

Rail Vikas Nigam

619.35
02:37 PM | 19 JUL 2024
33 (5.63%)

One 97 Communications

463.15
02:37 PM | 19 JUL 2024
18.1 (4.07%)

Titagarh Rail Systems

1,662.50
02:37 PM | 19 JUL 2024
54.55 (3.39%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    76,272.001,173.00
    Chennai
    76,124.001,465.00
    Delhi
    75,533.001,021.00
    Kolkata
    75,089.00-450.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.76/L0.00
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00
    OPEN IN APP
    HomeMarketsPremiumInstant LoanBudget