India will raise import duties on 30 items from USA. Such resolution was approved in response to a Washington imposed import duties on steel and aluminium, informs journal Indian Express.

The corresponding list of items new Delhi has already shown the global trade organization. On certain products from metals, of the agricultural products, a number of models of motorcycles and other goods tariffs will rise to 50 %. As informs magazine, a total difficulties India has hopes to gain from economic retaliation in the order of 239 million dollars.

As said in an interview Last news the head of the Indian Ministry of Commerce and industry Suresh Prabhu, protectionism and penal policy do not bring the desired results and impact adversely on the global economy. According to his vision, such unilateral actions are detrimental to most developing and least developed countries, As undermining the multilateral trading system, and in particular
sections: Politics