Washington, Aug. 11 -- Following the US' imposition of a 50 per cent tariff on Indian goods, Michael Kugelman, a Washington, DC-based South Asia analyst, emphasised that India had to respond to these tariffs, given the strong comments made by President Donald Trump.
"India had to respond, given how strong the comments were," Kugelman told ANI. He emphasised the importance of India maintaining its position and not being intimidated. "It is important for India to put out its position that it won't be intimidated," he added.
The analyst highlighted that "Bangladesh, Pakistan, and Vietnam are competitors of India in textile exports and since they face lower tariffs as compared to India."
"India could be disadvantaged if it does not adjust....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.