Economics
Trump Presses India on Trade as U.S. Seeks Its Help on China
- U.S. president moves to end key trade concession for New Delhi
- But coming ahead of India’s general election, it may backfire
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U.S. President Donald Trump’s attempt to pressure India on trade may be intended as a symbolic shot across New Delhi’s bow, but its inopportune timing threatens broader political consequences.
The Trump administration notified Congress on Monday that it wants to scrap trade concessions for India, the largest beneficiary of the so-called generalized system of preferences that impacts $5.7 billion worth of goods.