India To Tax 30 American Products In Equivalent Retaliation For US Tariffs Hike

first_imgIndia will suspend trade concessions and raise import duties on 30 products from the United States by up to 50 percent, in a mirror response to Washington’s impetuous move to impose tariffs on steel and aluminum imports.New Delhi has drawn up a list of 30 American products it now wants to target with increased import duties. The new measures will see a 50 percent tariff increase on motorcycles with engine capacities of over 800cc, while apple imports would be charged with a 25 percent levy. Imports of almonds and walnuts would see a 20 percent levy.Read it at RT Related Itemslast_img

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