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Losing friends, impoverishing people
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Nepal, March 14 -- It is insult to suggest US industry cannot compete with firms in a lower-income country
WASHINGTON, DC - US President Donald Trump's "trade war" with China has been slogging along for more than a year now, and could escalate further if current talks do not lead to a deal. But in the meantime, the Trump administration has also accused two longstanding US partners, Turkey and India, of benefiting unfairly from the US Generalized System of Preferences (GSP) for developing countries. Having already erected trade barriers against Turkey last year, the US will now revoke the preferential treatment afforded to certain Turkish and Indian imports under the program.
According to the US Trade Representative, "India has implement...
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