India may counter US move on GSP withdrawal: TPCI

‘India might counter the US decision to withdraw GSP on its exports by imposing retaliatory tariffs from the coming month. If the Indian government goes ahead with retaliatory tariffs, twenty-nine items imported from the US, including walnuts, lentils, boric acid and diagnostic reagents, among others will face higher duties, cutting benefits to US exporters,’ said TPCI Chairman Mohit Singla in a statement here.