India has decided to introduce increased duties on some imported products from the United States. The corresponding document of the Ministry of Finance placed on the portal of legal information Gazette of India.
in the number of U.S. items that India wants to impose higher fees will include certain varieties of apples, almonds, chickpeas, lentils, walnuts, and a number of other types of agricultural products, writes the print edition of the Economic Times.
a total difficulties new Delhi hopes to gain from the introduction of etmh measures about 240 million dollars. This amount is in fact compensates for the losses that India would suffer from the imposition of the additional U.S. duties on Indian goods.
The solution will operate on a Sunday.
The government of India announced the intention to increase duties on U.S. 29 items in June last year in response to similar actions of the US capital. However, the Decision was postponed, as long as were dialogues with the U.S. side.
in March 2018 Washington imposed duties regarding entering the United States steel and aluminium - 25 and ten percent, respectively. India, ranked second in the world in terms of steel production, criticized the Decision.
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