India Shocks Donald Trump

 SMTV Desk 2018-06-16 18:20:14  India, Trump, donald trump.Custome duty
India Shocks Donald Trump

New Delhi, June 16: The Indian Government has given a shock to America here on today. According to the reports, India has now submitted a revised list of 30 items -- including motorcycle, certain iron and steel goods, boric acid and lentils -- to the WTO on which it proposes to raise customs duty by up to 50 per cent.As duties hiked by the US on certain steel and aluminium products would have implications of about USD 241 million on India, the raise in tariffs proposed by New Delhi too would have an equal implication on America."The US would be collecting USD 241 million worth of duties by hiking tariffs on certain steel and aluminium items from India, we also proposed to withdraw concessions of similar amount from these 30 products imported by India from the US," a source said.