India raises import duties to protest US tariff hike

reuters

Business, In Other News

Last month, India had given a list of products to the WTO that it said could incur higher tariffs.

India has increased import duties on some agricultural and steel products that are imported from the US in retaliation against Washington’s new global tariffs.

New Delhi: India has increased import duties on some agricultural and steel products that are imported from the US in retaliation against Washington’s new global tariffs on steel and aluminium, according to a government note seen on Thursday.

Last month, India had given a list of products to the WTO that it said could incur higher tariffs.

Read more...