India’s Modi Feels More U.S. Pressure to Open Nation’s Markets - News Summed Up

India’s Modi Feels More U.S. Pressure to Open Nation’s Markets


NEW DELHI—President Trump’s move to pressure India to do more to open its markets will force Prime Minister Narendra Modi to walk a careful line as he balances a fresh mandate for his nationalist policies against New Delhi’s efforts to build closer ties with the U.S.Mr. Trump on Friday said India would be removed from the U.S.’s privileged-trading program called the Generalized System of Preferences on Wednesday. Under the decadeslong program meant for some developing economies, the U.S. had allowed India to avoid tariffs...


Source: Wall Street Journal June 02, 2019 17:37 UTC



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