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US commerce Secretary warns India against any retaliatory tariffs

NEW DELHI: Any retaliatory tariffs by India in response to a planned withdrawal of some trade privileges for India b
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NEW DELHI: Any retaliatory tariffs by India in response to a planned withdrawal of some trade privileges for India by the United States will not be appropriate, US Commerce Secretary Wilbur Ross told CNBC TV18.

Ross made the comments while on a visit to India.

In March, US President Donald Trump announced plans to end preferential trade treatment for India that allows duty-free entry for up to $5.6 billion worth of its exports to the United States.

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