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Trump condemns India’s customs policy

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Trump condemns India’s customs policy
July 09
13:00 2019

Donald Trump, an odious president of the United States, said that the tariffs adjusted in India on American exports were too high. He also considered that unacceptable.

The American president tweeted that he had long been following India’s actions regarding US goods. “We will not longer tolerate it,” Trump said.

In June of this year, the United States abolished trade preferences for India. Delhi responded with duties on a range of goods. It should be noted that over the past few years, America has become the main supplier of weapons for India; the trade turnover between the countries has increased steadily.

In addition to India, America continues the “war” with China. The truce was declared only at the beginning of the month after a private meeting of the both leaders at the G20 summit. Before that, the countries had been raising duties on each other’s goods.

 

The material was prepared with the participation of Katya Wilson,
a leading analyst of the brokerage company UFT Group

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