In a letter to US Trade Representative, Robert Lighthizer, the Senators said that thousands of US jobs rely on the soda ash industry and keeping tariffs low will help US workers and economy nationwide
Firms expected to pass on higher cost but it will come with a lag, impacting margins in the near term
On Friday, LG India Managing Director (MD) Kim Ki-Wan said the duty hikes were ill-timed and would hit the Rs 700 billion domestic electronics market