India proposes retaliatory duties at WTO against US tariffs on auto parts - Statement ...Middle East

India is proposing retaliatory duties at WTO against US tariffs on auto parts. They say 25% import tariff on vehicles and some auto parts by US amounts to safeguard measures. India reserves the right to suspend concessions and other obligations equivalent to the adverse effects of US measures on India's trade.India reserves the right to increase tariffs on selected products exported by the US after 30 days from July 4th. This article was written by Giuseppe Dellamotta at www.forexlive.com.

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