trade war

Trade wars are gaining momentum: India raises tariffs on US goods


In 2017, this country became the leader in terms of duty-free exports to the United States through programs – more than five and a half billion dollars.

Major events unfold between Washington and Beijing. On May 17, the US Congress will hold a public hearing on the importation of goods from China in the amount of $ 300 billion

Trade wars cover all new territories. India decided to increase duties on goods from the United States. Tariffs entered into force on Sunday June 16th.

In the list – 28 positions, mainly agricultural products. According to experts, 200-300 million dollars.

The decision to raise tariffs is a response to the actions of Trump, who, from June 5, are excluded from the list of those who see trade benefits under the standardized system of preferences.


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