US to end preferential trade status for India, Turkey | The Malaysian Insight

US to end preferential trade status for India, Turkey

AT President Donald Trump’s direction, Washington intends to scrap the preferential trade status granted to India and Turkey, the US trade chief’s office said yesterday.

The move comes as the US and China seek to negotiate an exit from a costly trade war between the two countries that is part of the Trump administration’s efforts to address what it views as inequitable commercial relationships with other states. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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