US Challenge Indian Export Subsidies: United States of America has challenged Indian export subsidies at World Trade Organisation. According to the official of U.S. Trade Representative Robert Lighthizer who said that, they hurt U.S. manufacturers by letting Indian exporters sell goods more cheaply. The challenge is against almost all of the products which are being imported by US.
The United States said Wednesday it was taking action at the World Trade Organization against Indian export subsidies as Washington’s intensifying trade offensive moved to encompass two of Asia’s largest economies. In advance of the announcement on Indian exports, Trump tweeted early Wednesday that the United States could not “keep a blind eye to the rampant unfair practices against our country!”
“These export subsidy programmes harm American workers by creating an uneven playing field on which they must compete,” Lighthizer said in a statement. The action opened a new front in President Donald Trump’s confrontations with major trading partners and followed his punishing new import tariffs, with officials warning that more may come soon.
US Trade Representative Robert Lighthizer said Wednesday in a statement that Indian export subsidy programs “harm American workers by creating an uneven playing field on which they must compete. USTR will continue to hold our trading partners accountable by vigorously enforcing US rights under our trade agreements and by promoting fair and reciprocal trade through all available tools, including the WTO.”
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