India further delays retaliatory tariffs on US products: official

Trade friction between India and the US has escalated after US President Donald Trump announced plans earlier this year to end preferential trade treatment for India that allows duty-free entry for up to USD 5.6 billion worth of its exports to the United States. In a further blow, US on Monday demanded buyers of Iranian oil stop purchases by May or face sanctions, ending six months of waivers which allowed Iran's eight biggest buyers including India to continue importing limited volumes. ... DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttps://www.fotoaparat.cz/uzivatel/78885/