India proposes 241 mn dollar retaliatory tariffs on 30 products imported from the US

Posted on:18 Jun 2018 11:45:45
India proposes 241 mn dollar retaliatory tariffs on 30 products imported from the US
18 June 2018 Current Affairs: India has proposed to introduce $240-million retaliatory tariffs on a list of 30 items imported from the US, including motor cycle, certain iron and steel goods, boric acid and lentils.

India had asked the US to exempt it from its tariffs on steel and aluminium, but US rejected the request.

India has notified the World Trade Organisation (WTO) about the list, including apples, almonds and motorcycles, on which it intends to impose tariffs.

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