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Trump tries to end the special trade treatment for India



In a letter to Congress, Trump signaled his intention to remove India from a program that gives developing countries easier access to US markets. The Indian Government "has not assured the United States that it will provide fair and reasonable access to the markets of India," the letter said. In January, he sought 150 percent India's import tariff for whiskey.

On the weekend, Trump shook India as a "high-cost" country.

Now he moves to take India from a preferential trade program, the Generalized System of Preferences, which reduces US export duties to 121 developing countries. India is the largest beneficiary of the program in 2017, according to data from the United States.

  The United States and India are Targeting Commerce

The trick will end the preferential treatment of Indian goods shortly after US Secretary of Trade Wilbur Ross withdraws from a trip to the country at the last minute. The Department of Commerce said the bad weather at that time led to the cancellation of his flight.


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