16.06.2019 - 12:16 [ New York Times ]

Trump Administration Strips India of Special Trade Status

(31.05.2019)

The White House said that it would terminate India’s preferential market access to the United States as of June 5. The notice claimed that India had not given the United States “equitable and reasonable access to its markets.”

The administration said that it would also apply to India tariffs on solar panels and washers that President Trump announced last year, suspending an exemption it had granted to certain developing countries.