US to cancel preferential trade for India | Business| Economy and finance news from a German perspective | DW | 18.03.2019
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Business

US to cancel preferential trade for India

Washington says India has been the world's largest beneficiary of preferential trade status. If trade benefits are abolished, the country will have to pay customs duties on products worth 5.6 billion US dollars that were previously duty-free, according to US data.

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