US commerce secretary Wilbur Ross in New Delhi on Tuesday (AP)The US on Tuesday warned the retaliatory tariffs proposed by India in response to the US withdrawing duty sops on Indian exports would go against World Trade Organization (WTO) rules. “Any time a government makes a decision adverse to another one, you will have to anticipate there could be consequences,” US commerce secretary Wilbur Ross told a television channel here. The US commerce secretary pointed to the price controls on American medical devices and pharmaceuticals. He said there were restrictive tariffs on electronics and telecommunications products. “Tariffs for network routers and switches and parts of cellular phones are as high as 20 per cent,” he said.

Source: The Telegraph May 07, 2019 19:07 UTC