India has decided to impose retaliatory tariffs on 29 goods imported from the U.S. from June 16 onwards, officials in the Commerce Ministry told The Hindu. The tariffs will place a burden of $220-290 million on the U.S., about the same amount imposed by Washington on India in 2018. Prime Minister Narendra Modi and his Pakistan counterpart Imran Khan exchanged greetings during the Shanghai Cooperation Organisation (SCO) summit. “The Prime Minister exchanged usual pleasantries with the Prime Minister of Pakistan Imran Khan in the Leaders’ Lounge,” said a source. The company, a leader in the diesel three-wheeler segment, will also launch an electric three-wheeler in the last quarter of 2019.

Source: The Hindu June 15, 2019 03:33 UTC