U.S. warns India against retaliatory duties over Trump’s plan to end preferential trade privileges GlobeBusiness
Any retaliatory tariff by India in response to the United States’ planned withdrawal of some trade privileges will not be “appropriate” under WTO rules, U.S. Commerce Secretary Wilbur Ross warned on Tuesday.
“Any time a government makes a decision adverse to another one, you will have to anticipate there could be consequences,” Ross said. “We don’t believe under the WTO rules that retaliation by India would be appropriate.” “But there’s a limit to how far the discriminatory behaviour can go. And our job is to try to get a level, more level playing field.”
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