India's escalating trade fight with America

WochitBusiness Published June 17, 2019 0 Plays

Rumble / Trending NewsAccording to CNN, India's decision to slap new tariffs on American goods over the weekend escalates a trade battle with the United States that may not be worth fighting and could backfire.
The Indian tariffs on 28 US products including almonds, apples and some chemicals went into effect Sunday. While New Delhi says the heightened duties are in retaliation for US tariffs on steel and aluminum imposed last year, it has a lot more to lose.