New Delhi, Feb. 4 -- The trade war between the US and China is going to benefit India, government sources told ANI.
According to government sources, India is not going to be immune from higher tariffs. There may be some products from India on which the US might take some action but despite this India's exports to US will increase.
Trump, who recently took office, imposed tariffs on goods imported from China, Mexico, and Canada over the weekend. Later on Monday, the US President postponed the tariffs on Mexico and Canada by a month under ongoing negotiation on terms.
The new additional 10 per cent Tariff on imports from China is made effective from Tuesday. China retaliated and imposed 15 per cent tariff on coal and LNG and 10 per cent ...
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.