newsMar 19, 20192:14pending

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

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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

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