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US suspension of trade programme with India 'a done deal', says US official

President Trump announced in March he would end India's access to the decades-old Generalized System of Preferences (GSP) trade program over what the U.S. said was lack of access to India's market

Reuters  |  WASHINGTON 

The suspension of a U.S. trade preference program with India is a "done deal," a senior State Department official said on Thursday as Prime Minister Narendra Modi began his second term. President Donald Trump announced in March he would end India's access to the decades-old Generalized System of Preferences (GSP) trade program over what the U.S. said was lack of access to India's market. The program allows emerging countries to export goods to the United States without paying duties. U.S. law requires the administration to wait 60 days after it notifies Congress ...

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First Published: Fri, May 31 2019. 08:34 IST
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