Opinion | Will Trump’s India tariffs work? Here’s a shiny clue3 min read . Updated: 12 Mar 2019, 09:06 PM IST
- Since general American tariffs are fairly low now, India can afford to ignore the threat to its $5.6 billion of US exports
- Labor-intensive industries like footwear and textiles don’t enjoy US preferential benefits
President Donald Trump has decided that India’s failure to provide “equitable and reasonable" access to its market means it’s no longer eligible to export certain goods duty-free to the US.
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