US cuts off India preferential trade access

[ahlam1399]

WASHINGTON: The United States will end preferential trade treatment for India from Wednesday, US President Donald Trump has announced, in a fresh economic headwind for New Delhi alongside slowing growth and record unemployment.India has been the single biggest beneficiary of the decades-old US Generalized System of Preferences programme, allowing the country to export $5.7 billion worth of duty-free goods in 2017, according to figures from US Congress.http://feeds.feedburner.com/~r/com/cwEr/~4/o2LTYds_esY

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