Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
15 MAY 2019 AL CIRCLE

India again postpones retaliatory import tariffs on US goods to June 16

EDITED BY : HEENA IQBAL 1MINS READ

The Indian government has once again postponed the deadline to impose retaliatory import duties on 29 US products, including almond, walnut, and pulses, by a month.

In a notification issued by the finance ministry, the government said that the implementation of increased customs duty, which was slated to come into effect from May 16, has been postponed to June 16.

{alcircleadd}

These deadlines have been extending since June 2018, when India decided to impose these duties in retaliation to the US’s decision to impose customs duties of 10 per cent on imports of aluminium products and 25 per cent on imports of certain steel products.

The extension of the deadline comes in the backdrop of the US decision to withdraw export incentives provided to Indian exporters under the Generalised System of Preferences (GSP) programme.

America had given 60 days-notice, which ended on May 2 but has yet to withdraw those benefits.

On May 6, the US Commerce Secretary Wilbur Ross and Indian Commerce Minister Suresh Prabhu held bilateral meetings to discuss trade-related issues.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : HEENA IQBAL 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.