City
Epaper

Top US senator deems India 'worst' as regards to its high tariffs

By ANI | Updated: August 26, 2019 15:00 IST

Ahead of the crucial meeting between Prime Minister Narendra Modi and US President Donald Trump, a top US Senator has deemed India "the worst" as regards to the high tariffs imposed by the country on American products and said that Washington would aim to bring the mutual tariffs down to zero.

Open in App

Ahead of the crucial meeting between Prime Minister Narendra Modi and US President Donald Trump, a top US Senator has deemed India "the worst" as regards to the high tariffs imposed by the country on American products and said that Washington would aim to bring the mutual tariffs down to zero.

"When you look at the world tariff regime, 67 per cent of all the tariffs in the world disadvantage America. There's a higher tariff on American products in the country in which we do business with. India's the worst," US Senator Lindsey Graham said in an interview to CBS on Sunday.

"They have a 100 per cent tariff on a lot of our products. Either we increase tariffs on Indian products or we all go to zero. The goal is to go to zero," he added.

Trade disputes between New Delhi and Washington had escalated after the latter suspended Indian trade privileges from its Generalized System of Preferences (GSP).

The GSP, implemented since 1974, is the largest and oldest US trade-preference scheme and it allows duty-free imports for thousands of products from designated beneficiary countries.

On its part, India had imposed retaliatory tariffs on 25 American goods, less than two weeks after Washington's move.

( With inputs from ANI )

Tags: indiausamericawashington
Open in App

Related Stories

InternationalIdaho Shooting: 2 Shot at Shoshone County Sheriff's Office in Wallace; Suspect Killed

Social ViralSanta Spotted in US Skies? Netizens Report Red Sleigh Seen Over Multiple Cities (Watch Videos)

InternationalNorth Carolina Plane Crash: Retired NASCAR Driver Greg Biffle and Family Among Seven Killed in Statesville Jet Crash

International'Warrior Dividend': Donald Trump Announces $1,776 Christmas Bonus to Active US Soldiers

BusinessUS Stock Exchange Nasdaq Moves Toward 24-Hour Trading, How Will Impact on Indian Share Market

International Realted Stories

InternationalSouth Asia analyst Michael Kugelman calls Khaleda Zia 'political titan' of Bangladesh

International"Need to treat this claim with scepticism": South Asia analyst after China claims role in mediating India-Pak conflict

International'Her vision and legacy will endure': PM Modi writes to Tarique Rahman, condoles death of former Bangladesh PM Khaleda Zia

InternationalExercise Desert Cyclone-II culminates at Al-Hamra, strengthening India-UAE defence cooperation

InternationalMohammed bin Rashid humanitarian ship arrives in Al Arish carrying aid for Gaza