Nationalism

PM Modi at his best! In a tit for tat move, India retaliates against hefty US tariffs, hikes import duty on 30 USA items

This is indeed HUGE!! A perfect cold war decided by our Indian Prime Minister, that should be the weapon to solve problems between two nations. No interference of any other country and both know what to do next.
That proves PM Modi will always safeguard the interest of our country and ensure right measures. Unlike the scamsters from the grand old party.

India notified World Trade Organisation of its decision to suspend concessions to US on 30 products, after safeguard measures imposed by US on imports of certain articles. India clarified that suspension of concessions shall be equal to amount of trade affected by US’ measures.

“India hereby reiterates its decision to suspend concessions or other obligations notified to the Council for Trade in Goods on May 18, 2018,” the government said in a letter to the WTO dated June 14. “The suspension of concessions will continue to apply until the US’ safeguard measures are lifted.”

Tit for Tat move by Modi. First, USA imposed heavy tariffs on Indian steel & aluminium items. Now, India retaliates against hefty US tariffs, hikes import duty on 30 USA items. This is First time India has levied retaliatory tariffs on any country. But No one will talk about this

It would have been more prudent to use the opportunity to diplomatically engage to increase trade between the two countries at the expense of China. China has also followed the same strategy. Now India is following China’s policy and that’s great. Here’s this comes as a Tit for tat against visa issue created by USA to Indians.

USA has previously done this with lot more countries not just with India. Prime Minister’s decision is heading on the right track to answer the United states of America. The PM Modi Government has rightly applied the import duties on these USA items and thus answered that India is no less than any developed country. Messing up with India will result too bad for any nation!!

Source: Scroll.in


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