India set to levy higher tariffs on some U.S. goods next week: sources
NEW DELHI (Reuters) - India is preparing to impose higher tariffs on some U.S. goods including almonds, walnuts and apples next week after a delay of about a year, two sources said, following Washington's withdrawal of key trade privileges for New Delhi.
From June 5, President Donald Trump scrapped trade privileges under the Generalized System of Preferences (GSP) for India, the biggest beneficiary of a scheme that allowed duty-free exports of up to $5.6 billion from the country.
India is now looking at adopting the higher tariffs, the sources with direct knowledge of the matter said, although the U.S. has warned that any retaliatory tariffs by India would not be "appropriate" under WTO rules.
"What India is doing is legal and the tariffs on U.S. goods will only lead to an impact of around $220 million," one of the sources said, declining to be identified because of the sensitivity of the matter.
India's Ministry of Commerce and Industry did not respond to an email from Reuters to seek comments.
India initially issued an order in June last year to raise import taxes as high as 120% on a slew of U.S. items, incensed by Washington's refusal to exempt New Delhi from higher steel and aluminium tariffs.
But New Delhi repeatedly delayed raising tariffs as the two nations engaged in trade talks. Trade between them stood at about $142.1 billion in 2018.
India is by far the largest buyer of U.S. almonds, paying $543 million for more than half of U.S. almond exports in 2018, U.S. Department of Agriculture data shows. It is the second largest buyer of U.S. apples, taking $156 million worth in 2018.
U.S. Secretary of State Mike Pompeo, who is expected to visit India this month, said this week the United States was open to dialogue to resolve trade differences with India, through greater access for American companies to its markets.
美国农业部(U.S. Department of Agriculture)的数据显示，印度目前是美国杏仁的最大买家，2018年印度以5.43亿美元购买了超过一半的美国杏仁出口。它是美国苹果的第二大买家，2018年的销售额为1.56亿美元。
Dates for Pompeo's visit have not been officially announced but media said it could be ahead of Prime Minister Narendra Modi's first meeting with Trump in more than two years, on the sidelines of a G20 summit in Japan, on June 28 and 29.
Trump has repeatedly called out India for its high tariffs, even though the two countries have developed close political and security ties.
New Delhi's new rules in areas such as e-commerce and data localisation have angered the United States and hit companies such as Amazon.com, Walmart Inc, Mastercard and Visa, among others.
Previously, India has called the withdrawal of GSP benefits "unfortunate", and vowed to "always uphold its national interest in these matters".
译文来源：三泰虎 http://www.santaihu.com/47840.html 译者：Joyceliu
very simple. any country that wants access to American markets must allow us equal access and tariffs, or we will impose same restrictions and tariffs on their goods. this is fair trade.
25% tariffs for any companies to hire Indian H-1B Visa.
Good US should heavily fine US companies who decide to offshore/outsource american jobs to india including Service Centers, Accounting functions, IT services. etc.
Next will be the Panama Canal. Most Americans have no idea, but the Panama Canal is owned by China since 2016. Landbridge Group is building four lanes for ships to go through. According to CGTN, China is already talking about charge the US extra to cross the canal or to use the Margarita Port. The game of trade war is getting interesting.
what people here seem to miss is that india already has tariffs on US goods, something Trump pointed out as NOT free or fair trade.
India needs to tread carefully. Many Indians work for companies that provide services to the US. If those services got taxed higher, American companies may choose to find employees that are in the US.
Go for it!!!! Time for higher taxes on any US company that hires support staff in India - I would LOVE to speak to someone who can actually help me when I have a question.
加油! ! ! !是时候对在印度雇佣支持人员的美国公司征收更高的税收了——当我有问题的时候，我很愿意和能真正帮助我的人谈谈。
"U.S. has warned that any retaliatory tariffs by India would not be "appropriate" under WTO rules."
And US starting a Tariff war with China, EU, and before Canada and Mexico is "appropriate under WTO rules"?
All India has to say is "national security" and case over.
He will succeed in uniting the worlds economy against us lets see tariffs on Canada, Mexico, India, China, France, Germany. Threatened to tariff Japan, economically isolated N.Korea and Iran, pulled out of the Paris accord. As we speak those countries and more are developing trade route and supply chain contingency plans. Doesnt seem that we are helping our interest.
India has taken away millions of jobs away from Americans, so if we can only hope this will evenuatly impact the IT firms and Coporate profits these companies have been making.
So indya is going to put tariffs on the United States because we're currently letting them trade at 0% and they're not reciprocating? This one is a lot more clear-cut than the one with China. Equal trade equal access
I agree but the reality is a bit more complicated.... it's hard to compete with countries that can make items cheaper because they have near-slave labor and no worker or environmental protections. Sure we can make everything but the cost might be 2-3 times higher and in our consumer based culture this might be hard to take. However, I agree that we need fo do more to keep jobs in the USA
Any G Sunday
A lot of companies work with call center in India, maybe we should tariff them.
Many of these countries had tariffs on american goods before this, we did not. Canada had high tariffs on milk products from america, China had tariffs on american goods. Just trying to even the playing field.
It's looking like other countries are taking cues from China. We can impose tariffs on so many countries until they get together and do the same thing to us and we'll be in for it. It's looking that way more and more.
India said they were going to raise tariffs on US toilets. But then decided against it because nobody in India buys them anyways.
india better remember all those 'customer no service' jobs we've outsourced to them. once trump responds in kind, those jobs will be coming back and , oh by the way, work visa's might start going bye bye as well.
I was ripped off
Simple solution, we set are tariffs to be linked to the wage gap. If an American worker makes $10 and one in India makes $2 we set tariffs to compensate for that and on top of that match whatever other nations have us pay. Problem solved and if the other countries want lower tariffs they can raise wages.
Let me say this, I would rather pay more and buy American than support any other country.
China is meeting with India and Russia. Trump better not lose the good standing the US has had with the rest of the world. Now it's looking like the world is going to tarrif the US and that is a problem if they are trading freely among themselves.
What sector holds a better future for America: high-tech or farming? Which deserves greater attention to fair trade? Case closed.
Ban call centers from India for US business's and things would change immediately or ban work visa's in connection to Tata and Infosys fully as well.
liberals defend India over America of course.... just like they defend Russia, Iran, North Korea..... the world has been taking advantage of America for decades and we finally show some spine and stand up to people and it frightens the liberals...
GSP is a program that was instituted to allow developing countries trade with us without burdensome tariffs. In other words, this program is to assist developing countries to build up their economy. India is not a developing country. It was long overdue to take them off.
Trump will unite the world against USA. Why is it okay for America to impose or increase tariff but not okay for others to do the same? Isn't that an authoritarian regime?
Welfare for farmers thanks to the trade wars. Welfare for private jet buyers because that's who they represent. Isn't the GOP just precious?
Hurts California. California is the largest federal taxpayer.....and a donor state - pays more federal taxes and takes less federal dollars.But, California did not vote for Trump.
Governance by temper tantrum yields such great results. Who else love the new Trump taxes?
notice how trump supporters resent any country imposing tariffs on the united states as trump imposes his tariffs on numerous countries.