Trump Has New Trade War Foes in India and Turkey
- 5 years ago
Trump Has New Trade War Foes
in India and Turkey President Donald Trump announced Monday that he is ending a key trade agreement with India and Turkey. Under the Generalized System of Preferences, India exported $5.6 billion of products duty-free in 2017. Turkey imported $1.7 billion of products to the U.S. duty-free. President Trump, via Congressional letter President Trump, via Conservative Political Action Conference The removal of India and Turkey from the Generalized System of Preferences will take effect 60 days after Congress and the respective governments have been notified. Trade debt with India was a total of $27.3 billion in 2017, according to the U.S. Trade Representative’s Office.
in India and Turkey President Donald Trump announced Monday that he is ending a key trade agreement with India and Turkey. Under the Generalized System of Preferences, India exported $5.6 billion of products duty-free in 2017. Turkey imported $1.7 billion of products to the U.S. duty-free. President Trump, via Congressional letter President Trump, via Conservative Political Action Conference The removal of India and Turkey from the Generalized System of Preferences will take effect 60 days after Congress and the respective governments have been notified. Trade debt with India was a total of $27.3 billion in 2017, according to the U.S. Trade Representative’s Office.