India has decided to impose retaliatory tariffs on 29 goods imported from the U.S. from June 16 onwards, officials in the Commerce Ministry told The Hindu. The decision comes a year after New Delhi initially decided to do so.
The tariffs will place a burden of $220-290 million on the U.S., about the same amount imposed by Washington on India in 2018.
The official notification of the tariffs will be issued before June 16 by the Finance Ministry, the official added.
https://www.thehindu.com/business/Economy/india-to-impose-retaliatory-tariff-on-29-us-items-from-june-16/article27935160.ece
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India has decided to impose retaliatory tariffs on 29 goods imported from the U.S. from June 16 onwards, officials in the Commerce Ministry told The Hindu. The decision comes a year after New Delhi initially decided to do so. The tariffs will place a burden of $220-290 million on the U.S., about the same amount imposed by Washington on India in 2018. The official notification of the tariffs will be issued before June 16 by the Finance Ministry, the official added. https://www.thehindu.com/business/Economy/india-to-impose-retaliatory-tariff-on-29-us-items-from-june-16/article27935160.ece