US to end preferential trade status for India, Turkey: statement

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AFP
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ID: 
1551748455666523900
Tue, 2019-03-05 01:02

WASHINGTON: At President Donald Trump’s direction, the United States intends to scrap the preferential trade status granted to India and Turkey, officials said Monday.
Washington “intends to terminate India’s and Turkey’s designations as beneficiary developing countries under the Generalized System of Preferences (GSP) program because they no longer comply with the statutory eligibility criteria,” the US Trade Representative’s Office said in a statement.

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