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Jun 22, 2018
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Tit-for-tat tariffs on US goods from 4 August, Harleys out of the list
India on Thursday said its retaliatory tariff on 29 US products worth $235 million will come into effect on 4 August, countering a US move to unilaterally raise import duties on Indian steel and aluminium.However, India left out Harley-Davidson from the final list, in a change from an earlier announcement that it would impose 50% additional tariff on the iconic American motorbikes.India could have imposed the retaliatory tariffs with immediate effect. But with negotiations coming up on a “trade package”, New Delhi seems to have allowed some more time as assistant US trade representative Mark Linscott is scheduled to visit India next week.India is the latest major economy to hit back against US President Donald Trump’s tariff hikes on steel and aluminium.
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https://www.livemint.com
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