As U.S. raises tariffs, Indias Modi defends free trade
Associated Press January 23, 2018
DAVOS, Switzerland – Indian Prime Minister Narendra Modi warned Tuesday against a new wave of protectionism, saying that trade barriers pose a danger to the world on par with climate change and extremist attacks. Modi delivered the message in a speech just hours after the U.S. government of President Donald Trump approved tariffs on imported solar-energy components and large washing machines in a bid to help U.S. manufacturers.
“Forces of protectionism are raising their heads against globalization,” he told a crowd of business and government leaders in the opening address at the World Economic Forum in Davos, Switzerland. “It feels like the opposite of globalization is happening.”“The negative impact of this kind of mindset cannot be considered less dangerous than climate change or terrorism,” Modi added, without directly mentioning Trump or the U.S.
http://www.spokesman.com/stories/2018/jan/23/as-us-raises-tariffs-indias-modi-defends-free-trad/
