India Postpones Retaliatory Tariffs on US Goods For a Second Time
India is holding off on its plan to impose new tariffs on the United States.
The tariffs on US exports worth more than $200 million were due to take effect on August 4 but will be delayed by six weeks, India’s Ministry of Finance said in a notification dated Friday.
The tariffs are now set to come into force on September 18. This is the second time they have been postponed.