Trump Intends to End Preferential Trade Treatment for India

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# 05:44
5 March 2019

The United States has terminated India's duty-free status after it failed to provide the United States access to its markets, US President Donald Trump said in a letter to Congress, ONA reports citing Sputnik

"I am providing notice of my intent to terminate the designation of India as a beneficiary developing country under the Generalized System of Preferences (GSP) program," Trump said on Monday. "I am taking this step because, after intensive engagement between the United States and the Government of India, I have determined that India has not assured the United States that it will provide equitable and reasonable access to the markets of India."

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THE OPERATION IS BEING PERFORMED