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India delays imposition of retaliatory tariffs on U.S. goods till Nov. 2


(Reuters) - India has delayed the implementation of higher tariffs on some goods imported from the United States to Nov. 2, according to a government order that put off for a second time retaliatory action against U.S. import tariffs on steel and aluminium.Trade differences between India and the United States have risen since President Donald Trump took office, but India's decision to further delay comes as the two countries negotiate a package to remove trade frictions over a range of items.Angered by Washington's refusal to exempt it from new steel and aluminium tariffs, New Delhi decided ...

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First Published: Tue, September 18 2018. 09:51 IST