India set to raise tariffs on some US goods: reports

[DonViejo]

Source: France24



Date created : 15/06/2019 - 10:33

New Delhi (AFP)

India has decided to raise tariffs on imports of 29 goods from the US after having deferred the move several times since announcing it last year, media reported Saturday.

The government had said last June it would raise import taxes on a slew of US goods including almonds and apples, apparently irked by Washington's refusal to exempt New Delhi from higher steel and aluminium tariffs. But it delayed raising tariffs several times as trade talks between the world's two biggest democracies raised hopes of a resolution.

However President Donald Trump's decision to strip New Delhi of its preferential trade status earlier this month appears to have triggered the latest Indian move.

There would be no further delays in imposing the retaliatory tariffs, the Economic Times reported, quoting a government official, with the new taxes due to take effect from Sunday.

Read more: https://www.france24.com/en/20190615-india-set-raise-tariffs-us-goods-reports

[IronLionZion]

1. Screwing American farmers again

Maybe more farmers will vote Dem.

India also buys aircraft, machinery, medical equipment, etc. from us.

[Wellstone ruled]

3. India is the largest Importer

of Chic-Peas. One of the first items slapped with Tariff's by India. There tens of thousands of bushels of Peas in storage on Farms thru out the Northern tier of States waiting for a market.

The other commodities that are stuck in this trade war are Wheat,Cotton,and Soy Oil. And these farmers have not seen the Forest for the Trees yet. Mean While,the Canadian Growers of Peas and Wheat are sounding happy.

[OnlinePoker]

5. Happy only if the grain can get to the export terminals

This is something CN and CP rail have had difficulty doing over the last few years as the emphasis on shipping transmodal and oil takes up a lot of the available infrastructure.

[Wellstone ruled]

7. That aspect is true.

CP has it's issues after the having a Hedge Fund as a Operator who had zero clue how a Railroad Operates. Noticed Unit Grainer's are being handled by BN and UP heading for West Coast Docks. CN expanded way to fast,and the bolt on companies they bought,were for the most part in bad shape with upgrades running way over budget do to decades of non Maintenance.

[Achilleaze]

2. Thanks a diaperload, republicans

This is a total republican clusterwank

[SCVDem]

4. The grain rots in silos

The taxpayers take in the shorts to bail them out.

Why do we have to pay for the in your face, tRump is our guy, bullshit attitude we got from the farmers?

Tired of winning yet?

[Firestorm49]

6. Screw the allies, the farmers, those Americans with little income. That's the Trump way.