Tag: Export Costs
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U.S. Tariff Bill may Escalate to Whooping USD 3.5 Billion amid Potential Retaliation by Six Major Countries
The U.S. government’s announcement of tariffs on steel and aluminum imports in the month of Mar’18 have severely strained the relations between U.S. and world’s major economies. While India, China, and EU (European Union) have filed an official complaint with WTO (World Trade Organisation) against Trump’s tariffs, Japan, Russia, and Turkey have warned U.S. about…