Washington says India has been the world’s largest beneficiary of preferential trade status. If trade benefits are abolished, the country will have to pay customs duties on products worth 5.6 billion US dollars that were previously duty-free, according to US data.

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Canceling India’s Preferential Trade Status with the US Would Backfire

by TRNN, The Real News Network
March 19, 2019

<h1>Canceling India’s Preferential Trade Status with the US Would Backfire</h1> <p class="byline">by TRNN, The Real News Network <br />March 19, 2019</p> <p>Washington says India has been the world’s largest beneficiary of preferential trade status. If trade benefits are abolished, the country will have to pay customs duties on products worth 5.6 billion US dollars that were previously duty-free, according to US data.</p> <p>This <a target="_blank" href="https://therealnews.com/canceling-indias-preferential-trade-status-with-the-us-would-backfire">article</a> first appeared on <a target="_blank" href="https://therealnews.com">The Real News Network</a> and is republished here under a Creative Commons license.<img src="https://i0.wp.com/therealnews.com/wp-content/uploads/2021/11/cropped-TRNN-2021-logomark-square.png?fit=150%2C150&amp;ssl=1" style="width:1em;height:1em;margin-left:10px;"><img id="republication-tracker-tool-source" src="https://therealnews.com/?republication-pixel=true&post=182350&amp;ga4=G-7LYS8R7V51" style="width:1px;height:1px;"></p> Copy to Clipboard

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