It’s official: India is Trump’s next target in the trade wars - News Summed Up

It’s official: India is Trump’s next target in the trade wars


Trump has made no secret of his frustrations with Indian trade policy and has fixated on the duties the country charges on Harley-Davidson motorcycles. The decision to end India’s preferential treatment comes after months of squabbling between the United States and India over trade. Trump has complained about India’s high tariffs on American goods and about the U.S. trade deficit with India, which stood at $27.3 billion in 2017, according to the Office of the United States Trade Representative. The United States remains India’s top export partner, receiving more than $48 billion in goods from the country in 2017. Read more:Is India the next target of Trump administration’s trade wars?


Source: Washington Post March 05, 2019 11:48 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */