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Unfortunate: India on Trump's Preferential Trade Status withdrawal

Jun 01, 2019 15:57 IST

Soon after US President Donald Trump declared that US will terminate preferential tariffs applicable to $5.6 billion worth Indian exports from June 5, the Centre has called the development unfortunate. In a statement, the commerce ministry said India had offered resolution on significant US requests to find a mutually acceptable way forward. India is the biggest beneficiary under the Generalized System of Preferences or GSP programme.

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