Bhubaneswar, Dec. 14 -- After Mexico approved a 50 per cent tariff hike on select products from India, New Delhi has warned of taking "appropriate measures" to safeguard its trade interests, a government official said on Saturday.
"India reserves the right to take appropriate measures to safeguard the interests of Indian exporters, while continuing to pursue a solution through constructive dialogue," the official said. According to PTI, India had engaged with Mexico when the bill proposing the tariff hike was initially tabled.
The Department of Commerce is in touch with Mexico's Ministry of Economy to explore mutually beneficial solutions that align with global trade rules, the official added. A high-level meeting has already taken plac...
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