US eases stance on auto tariff parleys with India
New Delhi, June 12 -- The US on Monday told the World Trade Organization that it is "open to discuss" steep import tariffs on Indian automobiles "or any other issue" with India, a marked departure from its earlier stance at WTO when it rejected India's call to discuss its move of imposing 50% tariffs on Indian steel and aluminium.
Rejecting India's request for consultations with respect to the tariffs imposed on automobiles and automobile parts, the US in its June 9 communication said that New Delhi's demand is based on the wrong premise that the levies are safeguard measures.
It said that the tariffs are imposed by the Trump administration because the imports "threaten to impair the national security" of the US. "Nonetheless, we are open t...
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