Tuesday 26 February 2019

India delays levying retaliatory tariff on U.S. goods to April 1 -The Total Investment & Insurance Solutions

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26 February 2019
U.S. goods(The Total Investment & Insurance Solutions)

India has once again delayed implementation of higher tariffs on some goods imported from the United States to April 1, according to a government order issued on Tuesday. 

The new tariff structure was to come into force from March 2. 

Angered by Washington's refusal to exempt it from new steel and aluminium tariffs, New Delhi decided in June to raise the import tax from Aug. 4 on some U.S. products including almonds, walnuts and apples. 

But since then, New Delhi has repeatedly delayed the implementation of the new tariff. 
The Total Investment & Insurance Solutions

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