Trump intends to deprive the India and Turkey trade benefits
The head of the United States Donald trump wants to abolish preferential treatment in trade With India and Turkey, proper notification he sent to Congress.

The head of the United States Donald trump wants to abolish preferential treatment in trade With India and Turkey, proper notification he sent to Congress.
The decision to abolish benefits For India during the system of tariff preferences (GSP), the White house said that new Delhi had not given guarantees for American companies " equal and reasonable access to the Indian markets."
Preferential trade With Turkey trump wants to cancel " due to the level of economic development of the country." According to the American leader, over the past 45 years, during which acted incentives, the Turkish economy has significantly strengthened and diversified, increased the level of funds coming residents, decreased poverty.
The decision could seriously affect the delivery of items from India to the United States, which are the main focus of Indian exports (15% of all deliveries abroad). On the reverse side, according to analysts at the Massachusetts Institute of technology, United States get from India only about 2% of its imports (in 2017 Indian delivery in the United States amounted to more than 44 billion dollars).
For Turkish export Solution trump also has a negative effect. According to analysts, the United States - the sixth largest component of Turkish exports, Turkey sends to the United States 5, 3% of subjects (8, $ 7 billion in 2017).
The United States is obtained from Turkey only 0, 4% of its imports.
The generalized system of preferences during the WTO requires unilateral trade concessions For developing countries.
The United States Under the presidency of Donald trump introduced protective import duties on a number of items from different countries.
So, last year, the United States raised tariffs on imports of steel and aluminum products from Europe. In response, the European Commission in the summer introduced the So-called measures of rebalancing - additional duties of 25% on imports into the European Union of certain items from the United States with a total price of about Б┌╛ 3 billion.
in September, Washington also imposed a 25% duty on imports from China of hundreds of billion dollars a year. Beijing, in response, announced the introduction of fees in the amount of 10% of LNG from the United States.
After another round of Sino-us high-level consultations on issues of trade, held in Washington From 21 to 24 February, trump said it would postpone the scheduled March 1, the increase in duties on Chinese goods.
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