India levies retaliatory tariffs on 28 US products

India levies retaliatory tariffs on 28 US products

by admin- Monday, June 17th, 2019 06:59:42 PM

India will impose higher tariffs on 28 American merchandise inclusive of almonds, apples and walnut powerful June 16, the authorities stated in a notification.

The retaliatory price lists, caused via the US pronouncing higher responsibilities on Indian metallic and aluminium ultimate 12 months, were deferred a couple of times in view of the exchange speak among the two international locations.

The new price lists are expected to usher in $220 million of sales to India as the authorities dropped one object- artemia-from the listing.

New Delhi had decided to levy better tariffs following Washington’s withdrawal of preferential benefits for $6.35 billion of Indian exports early this month.

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