India slaps retaliatory tariff on US - News Summed Up

India slaps retaliatory tariff on US


Officials said India had informed the US about its decision to go ahead with the retaliatory duties. Ross is also planning a trip to India to discuss some of the key issues challenging India-US trade ties. It sends out a strong message to the US that we would be negotiating the trade issues as equal partners and would not cow down to pressures. Both sides have to sit together to discuss issues and move forward. A 12-member panel headed by economist Surjit Bhalla had advised India to reduce tariffs to take advantage of the US-China trade war.


Source: The Telegraph June 14, 2019 20:37 UTC



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