India decides to impose tariffs on 30 kinds of goods from United States

[Adam WANG SHANGHAI MEGA]

India decides to impose tariffs on 30 kinds of goods from United States
2018-06-17 10:04

The Indian government has suspended tariff concessions on 30 imports of goods from the United States as a response to the United States' tariffs on steel and aluminum imports from India.



According to the Indian Express, these goods include motorcycles, certain steel products, boric acid and lentils, with a customs value of approximately 240 million U.S. dollars.

The report said that India has informed the WTO (WTO) that this proposal to suspend tariff concessions is based on US taxation measures, using the form of taxation of specific commodities initiated by the United States. India wishes to clarify that the value of these commodities for suspending tariff concessions is equal to the value of India affected by U.S. tariffs. India also reserves the right to suspend tariff concessions on more goods.

It is reported that the United States will impose a tariff of 240 million yuan on India’s tariffs on steel and aluminum, including 198 million for steel and 0.42 million for aluminum. However, India exports only 4% of steel and 2% of aluminum in the United States. India has been looking for goods that can counter the United States’ tariff value.

 

[Adam WANG SHANGHAI MEGA]

Unfortunately for yankees, Indians follow the footsteps of China and has put hands on United States goods as well.

 

[dy1022]

 

[Adam WANG SHANGHAI MEGA]

There are possibilities for China and India to form a anti-US tax policy alliance!

 

[Mirza Jatt]

Unfortunately for yankees, Indians follow the footsteps of China and has put hands on United States goods as well.

We are not following anyone. India will do whatever it takes to guard its own self interest.

 

[bolo]

Unfortunately for yankees, Indians follow the footsteps of China and has put hands on United States goods as well.

Unfortunately for Chinese, this tariff imposed by India will do nothing to the US. US can easily destroy the Indian economy if it choose to do so.

 

[Tom M]

Unfortunately for Chinese, this tariff imposed by India will do nothing to the US. US can easily destroy the Indian economy if it choose to do so.

In turn taking a unrecoverable blow on their own economy. LOL

I bet you don't know a jack about macro economics.

 

[bolo]

In turn taking a unrecoverable blow on their own economy. LOL

I bet you don't know a jack about macro economics.

You are right. The US rely on India for spices and henna powder. Without these imports, the US economy will crash because there are no other countries that can supply those rare commodities.

 

[zip]

You are right. The US rely on India for spices and henna powder. Without these imports, the US economy will crash because there are no other countries that can supply those rare commodities.

And you are right it is US that is carrying Indian economy without it's charity our economy will collapse ..

 

[kuge]

shouldnt this topic belong to the indian thread? why here?

 

[Tom99]

Wrong forum.

Try here: https://defence.pk/pdf/forums/indian-defence-forum.52/

 

[faithfulguy]

And you are right it is US that is carrying Indian economy without it's charity our economy will collapse ..

You are correct. But it’s not any goods that India export. But the coding coolies holding H1B visa. Once Trump bars Indians from applying for new or renew H1B, India economy will collapsed.

 

[Chhatrapati]

You are correct. But it’s not any goods that India export. But the coding coolies holding H1B visa. Once Trump bars Indians from applying for new or renew H1B, India economy will collapsed.

Nice try false flag. But I don't know the economics of 2T dollar economy collapsing if it loses $10Billion from the US.

Maybe you can educate people here.

 

[zip]

You are correct. But it’s not any goods that India export. But the coding coolies holding H1B visa. Once Trump bars Indians from applying for new or renew H1B, India economy will collapsed.

Our coolies earning more than avg Americans and yours coolies are sweating in your factories to provide goods for Americans ..

 

[delta2]

Our coolies earning more than avg Americans and yours coolies are sweating in your factories to provide goods for Americans ..

All it will take: a little tweaking of the American student loan system.
Programming/coding isn't that hard at all. If push comes to shove then the Americans can train a massive workforce of coders within six months to two years. A Computer Science degree in Canada takes three years. Europe, eastern Europe and China produce better quality coders anyways.