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Added on : 2019-06-01 09:46:25

President Donald Trump on Saturday (local time) terminated the United States preferential trade programme with India. According to a White House proclamation, the trade preference programme with India will be terminated from June 5, 2019.

With this, the United States has ended India's designation as the beneficiary developing country under the key GSP trade programme. The programme allows emerging countries to export goods to the United States without paying duties.

President Donald Trump on Saturday (local time) terminated the United States preferential trade programme with India. According to a White House proclamation, the trade preference programme with India will be terminated from June 5, 2019.

With this, the United States has ended India's designation as the beneficiary developing country under the key GSP trade programme. The programme allows emerging countries to export goods to the United States without paying duties.

Editor & Publisher : Dr Dhimant Purohit

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