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Mon Jun 17, 2019, 09:54 AM

India is hitting the United States with more tariffs

https://www.cnn.com/2019/06/15/economy/india-tariffs-us-trump/index.html

New Delhi (CNN Business)India just increased tariffs on US exports, dealing another blow to fragile global trade.

The tariffs on 28 US products, announced on Saturday by India's Finance Ministry, went into effect Sunday. The goods targeted include American apples which will be hit with a 70% tariff as well as almonds, lentils and several chemical products.

India first announced plans to impose new tariffs a year ago in retaliation for increased US import duties on Indian steel and aluminum. But it repeatedly delayed imposing them while the two sides held a series of trade talks.

The Indian government did not specify the value of the goods targeted in its statement, but previously told the World Trade Organization that they were worth around $241 million.

The two countries exchange goods and services worth about $142 billion a year, but the relationship has soured in recent weeks after the Trump administration ended India's participation in a preferential trade program earlier this month. The program exempted Indian goods worth more than $6 billion from US import duties in 2018.


Making America Great Again by screwing farmers. Crops will be rotting in storage with fewer buyers.

9 replies, 750 views

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Reply India is hitting the United States with more tariffs (Original post)
IronLionZion Jun 2019 OP
Iliyah Jun 2019 #1
IronLionZion Jun 2019 #2
DonCoquixote Jun 2019 #7
Wellstone ruled Jun 2019 #3
Wounded Bear Jun 2019 #5
Wellstone ruled Jun 2019 #6
Wounded Bear Jun 2019 #8
NewJeffCT Jun 2019 #4
struggle4progress Jun 2019 #9

Response to IronLionZion (Original post)

Mon Jun 17, 2019, 10:05 AM

1. t-rump's master, Master Putin told him to

destroy the USA economically while letting the 1-2%ers to get richer.

The Republican party are traitors.

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Response to Iliyah (Reply #1)

Mon Jun 17, 2019, 10:12 AM

2. Things get super interesting if you tell anti-vaxxers

that Putin wants Americans to have weaker immune systems

Our own GOP wants to turn us into a developing country by widening the wealth gap and destroying our middle class

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Response to IronLionZion (Reply #2)

Mon Jun 17, 2019, 12:59 PM

7. of course

That and he can hide the fact that Russia is still a third world country in many ways, including vaccines. Tuberculosis nearly came back because of awful Russian vaccine practices. The memory of places like the EU or canada needs to be annhi;ated for these folks to not have to blush, and that includes their american firends.

https://www.atsjournals.org/doi/full/10.1164/rccm.201305-0926OE

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Response to IronLionZion (Original post)

Mon Jun 17, 2019, 11:15 AM

3. Notice the Lentil's once again

 

are on the hit list. Farmers in the Northern tier States have been trying to diversify their Crop's and Dried Beans was a winner until today. Trump lost the Chick Pea market last fall,now Lentil's are gone.

Well,the Canadian Grower's got a nice gift as a result of today's India moves. Washington,Idaho, and Utah lose more of their Apple exports.

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Response to Wellstone ruled (Reply #3)

Mon Jun 17, 2019, 11:34 AM

5. Every country that stayed with the TPP is laughing at us...

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Response to Wounded Bear (Reply #5)

Mon Jun 17, 2019, 11:52 AM

6. Yes they are,

 

did not understand what the TPP really was all about until I found some info on it. The Media spun it as a ugly NAFTA and that is all everyone thought it was. Once China was excepted to the WTO,all bets were off as to trading around the world and if your Alliances and Trading Agreements were not in place,well the outcome is what we see today. Wilbur Ross lives in the 1950's and as a result we are so screwed. Obama warned of this happening if we were not a full partner in the TPP. With most of the Manufacturing and the new Food Sourcing now in the Asian Regions,we built it and now it is coming back to bite us.

The Republican Party wanted to wipe any and all agreements settled by the Obama Administration bleached form the books. Well,we are now seeing the results.

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Response to Wellstone ruled (Reply #6)

Mon Jun 17, 2019, 01:05 PM

8. TPP was intended as a bulwark against China dominating the Pacific Rim...

without the US it is weaker, but now we are operating on our own against China and against the TPP conglomerate.

Yeah, great strategy there.

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Response to IronLionZion (Original post)

Mon Jun 17, 2019, 11:34 AM

4. the new trade war

started when Donny revoked the trade status of India a few weeks ago

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Response to IronLionZion (Original post)

Mon Jun 17, 2019, 01:55 PM

9. Making America screwnded again!

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