Times of Islamabad

United States warns India

United States warns India

DELHI: Any retaliatory tariff by India in response to the United States’planned withdrawal of trade privileges will not be “appropriate” under WTOrules, US Commerce Secretary Wilbur Ross warned on Tuesday.

The comments, made to broadcaster CNBC-TV18 during a trip to India’scapital, come as trade ties between the United States and China worsen. TheUS is India’s second-biggest trade partner after China.

India’s new e-commerce rules could hurt future investments by the US in theSouth Asian country, Ross said, even as he said he was hopeful that U.Sfirms would win defence deals from India in future.

Indian officials have raised the prospect of higher import duties on morethan 20 US goods if President Donald Trump presses ahead with a planannounced in March to end the Generalised System of Preferences (GSP) forIndia.