US Companies Urge Reconsideration of Proposed Tariffs on Imports from India and 60 Other Countries
En resumen
- Major US companies like Intel, IBM, and Ford are urging the USTR to reconsider proposed tariffs of up to 12.5% on imports from 60 countries, including India.
- They argue it will increase costs for consumers and businesses, counteracting domestic manufacturing goals.
- India also requested reconsideration, citing insufficient evidence of unfair advantage.
Resumen generado por IA
Major US companies like Intel, IBM, and Ford are urging the USTR to reconsider proposed tariffs of up to 12.5% on imports from 60 countries, including India. They argue it will increase costs for consumers and businesses, counteracting domestic manufacturing goals. India also requested reconsideration, citing insufficient evidence of unfair advantage.