Economic Times4d agoBusinessIndia
US Companies Urge Reconsideration of Proposed Tariffs on Imports from India and 60 Other Countries
Quick Look
- 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.
AI-generated summary
Font size
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.
Related Topics
This article was originally published by Economic Times.
