India to impose retaliatory tariffs on 29 US products

On 1 June, US President Donald Trump surprised everybody by issuing the presidential proclamation and withdrawing GSP benefits from India  (Mint file)

On 1 June, US President Donald Trump surprised everybody by issuing the presidential proclamation and withdrawing GSP benefits from India (Mint file)

  • India has repeatedly postponed imposing the retaliatory tariffs on US goods worth $235 million since it first announced them on 20 June last year

  • India’s move comes ahead of the meeting between President Donald Trump and PM Narendra Modi on the sidelines of the G20 meet on 28-29 June at Osaka, Japan