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Politics : Canada@The HotStove Club

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From: axial	6/16/2019 5:30:36 AM
	of 1199

India slaps retaliatory tariffs on US goods ' India is charging higher duties from Sunday on imports of 28 US products, including almonds, apples and walnuts, in response to the US government's decision this month to withdraw certain trade privileges for the South Asian country. From June 5, US President Donald Trump scrapped trade privileges under the Generalized System of Preferences (GSP) for India, the biggest beneficiary of a scheme that allowed duty-free exports of up to $5.6 billion (€4.94 billion). India termed the move "unfortunate" and vowed to uphold its national interests. New Delhi's retaliation now will likely hurt US exporters of agricultural goods. India is by far the largest buyer of US almonds, paying $543 million for more than half of US almond exports in 2018, US Department of Agriculture data shows. It is the second-largest buyer of US apples, taking $156 million worth in 2018. The move is expected to heighten trade tensions between the two countries.' ______________________________________________ [ — Way to go, Donnyboy! Almost every day, you find a new way to alienate America's friends, and gratify its enemies.]

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