On the 4th local time, India informed the World Trade Organization that India plans to impose retaliatory tariffs on the US due to the impact of tariffs imposed by the US on automobiles and parts impacting India's exports. The proposal also stated that India reserves the right to raise tariffs on some products exported from the US, but did not specify the tariff rate or which goods it will impose tariffs on. Recently, India and the US began negotiations on tariffs, and the two sides have not been able to reach an agreement on agriculture and dairy products.

Zhitongcaijing · 07/04 14:25
On the 4th local time, India informed the World Trade Organization that India plans to impose retaliatory tariffs on the US due to the impact of tariffs imposed by the US on automobiles and parts impacting India's exports. The proposal also stated that India reserves the right to raise tariffs on some products exported from the US, but did not specify the tariff rate or which goods it will impose tariffs on. Recently, India and the US began negotiations on tariffs, and the two sides have not been able to reach an agreement on agriculture and dairy products.