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US ends preferential trade deals with India, Turkey

US ends preferential trade deals with India, Turkey

ANKARA, Turkey (AP) Turkey and India reacted with a mix of anger and resignation Tuesday at the United States decision to end a preferential trade program with the countries that will see some tariffs return on goods.

US Trade Representative Robert Lighthizer announced Monday that India and Turkey will within 60 days no longer qualify for a zero-tariffs status that is given to some poor countries to help them grow. The decision came at US President Donald Trumps direction.

Source: egyptindependent.com


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Last Update 2019-03-18
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