The U.S. Trade Representative has requested WTO consultations regarding five export subsidy schemes operated by the Indian government. The case is notable for being both wide-ranging (8,000 products are covered) and the first WTO complaint brought by the Trump administration. It will also fit the administration’s target to cut the U.S. trade deficit, which with India reached $23 billion in the past 12 months to January 31. The case will however overshadow the Trade Policy Forum process, started by President Trump and Prime Minister Modi. One of the largest sectors that benefits from the ...
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