India proposes retaliatory duties against US auto tariffs |...

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India proposes retaliatory duties against US auto tariffs

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India has proposed retaliatory duties against the US for imposing tariffs on auto parts imports, citing violations of WTO norms. The US safeguard measure, a 25% tariff increase, impacts nearly $2.9 billion in Indian exports. India reserves the right to suspend concessions on US products, aiming for equivalent duty collection, as consultations have not occurred.

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