The President of the United States, Donald Trump, said that it is his intention to end India's preferential trade treatment under a program that allows Indian exports worth $5.6 billion to enter the US duty-free.
According to a Reuters report, Trump in a letter to the American congressional leaders said, "I am providing notice of my intent to terminate the designation of India as a beneficiary developing country under the Generalized System of Preferences (GSP) program."
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The President of the United States, Donald Trump, said that it is his intention to end India's preferential trade treatment under a program that allows Indian exports worth $5.6 billion to enter the US duty-free. According to a Reuters report, Trump in a letter to the American congressional leaders said, "I am providing notice of my intent to terminate the designation of India as a beneficiary developing country under the Generalized System of Preferences (GSP) program."
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