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India-Pakistan
Trump moves to end special trade treatment for India
2019-03-06
[DAWN] US President Donald Trump
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States...
has announced plans to end special trade treatment for India, while accusing the country of unfairly shutting out US businesses, CNN reported on Tuesday.

Trump wrote a letter to the US Congress on Monday signalling his intent to remove India from the Generalised System of Preferences (GSP) ‐ a programme that provides developing countries an easy access to the US market.

The GSP lowers duties on exports to the United States for 121 developing countries. According to CNN, India was the biggest beneficiary of the program in 2017.

Indian government "has not assured the United States that it will provide equitable and reasonable access to the markets of India," CNN quoted the letter as saying.

Posted by:Fred

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