India set to raise tariffs on some US goods: reports
India has decided to raise tariffs on imports of 29 goods from the US after having deferred the move several times since announcing it last year, media reported Saturday. The government had said last June it would raise import taxes on a slew of US goods including almonds and apples, apparently irked by Washington's refusal to exempt New Delhi from higher steel and aluminium tariffs. There would be no further delays in imposing the retaliatory tariffs, the Economic Times reported, quoting a government official, with the new taxes due to take effect from Sunday.
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