India has slapped retaliatory tariffs of up to 120% on 28 U.S. goods totaling $240 million, including almonds, apples, chickpeas, and walnuts, in retaliation for the Trump administration’s trade policies.
The tariffs were initially proposed in response to President Trump’s tariffs on steel and aluminum imposed last year, and then enacted following the White House’s June 1 decision to eliminate trade privileges India enjoyed under the Generalized System of Preferences, a program that is meant to help developing countries.
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