Mint Quick Edit | Put America's 12.5% tariff proposal to a legal test: recall the fate of reciprocal tariffs?
New Delhi, June 5 -- The United States Trade Representative (USTR) has proposed a 12.5% tariff on 54 countries, including India, for allegedly lacking mechanisms to stop the import of goods made with forced labour. Though it has invited public comments, that sounds like a formality.
This is a familiar 'art' of the Trump administration, which may have needed a new spin or pretext for duties after the US judiciary rejected last year's "reciprocal" tariffs. The proposed set seeks refuge in another US law, but could potentially be deployed as leverage in trade talks for a deal loaded in its favour.
However, since the charge stands on weak ground, particularly since it somehow spies an unfair trade practice in the imports of countries like I...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.