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Gsp Duty Benefits: Trade Tango With America Begins For India, Srividhya Ragavan Mar 2019

Gsp Duty Benefits: Trade Tango With America Begins For India, Srividhya Ragavan

Srividhya Ragavan

When President Donald Trump declared "America First", it set off a chain reaction in the rest of the globe. While America cheered, the rest of world jeered wondering, "if America is first, where do I put my country?" In the most basic sense, the trade terminology of "America First" implies that other trading partners will reduce trade barriers to facilitate the import of American products such that American industries will benefit. There are two issues involved in this.