India has shown what the US rule did not expect at all. Now India will not sit silent, but will give a direct answer and that too will get this answer from the stage of WTO. 500 percent tariff and 26 percent import duty will now fall on the US. In fact, just a few weeks ago, the US threatened to impose heavy tariffs on India. It was openly talked about imposing 500 percent import duty. Especially on products that are exported from India to America. There was a trick of America behind this. Stop buying India’s cheap crude oil from Russia. India was given two options. Buy cheap oil from Russia or face 500 percent tariffs. America felt that India would come to knees. But this time the matter was something else. India, under the leadership of External Affairs Minister S Jaishankar, responded to America that neither we will stop buying oil from Russia nor bow to your blackmailing.
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Something similar happened. India’s trade delegation which went to talk to the US free trade agreement. He was called back. That is, India clearly told that we are not among those who are bent but are among those who answer. Now India has reached the World Trade Organization with a case against the US. The case is of an import tariff of 26 percent imposed by the US on 3 May. It is on India’s automobile projects and components. The US hit the WTO without informing the WTO and made the tariff hit by making an excuse for the safarg major. Whereas the rule says that there should be talks with that country first. There should be proper proof. It should be informed to the WTO. America did not discuss any discussion with India and this is what India caught.
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The Government of India has reported its proposal to the World Trade Organization (WTO) to impose a counter -tariff of about $ 724 million on the US, which is in response to the tariff enhanced by the US on the import of special automobiles and its parts from India. This step has been taken at a time when India and America are in the final stages of finalizing an early short-trade agreement. India’s talks team led by Special Secretary Rajesh Aggarwal in the Ministry of Commerce and Industry returned to India from America on Monday. In a message sent to the WTO on July 3, India said that even though America’s measures have not been notified to the WTO, they are basically security measures. It also stated that India’s situation on this matter is that the general agreement on American tariff tariffs and trade 1994, the original agreement of the WTO and the agreement on security measures (AOS).
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India in its reply said that since Article 12.3, consultations provided under AOS have not been provided, the India Article 8, reserves the right to suspend concessions or other obligations under AOS which are equal to the adverse effects of measures on India’s trade.