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Tuesday, March 12, 2019

U.S.-India Insight: Surprise! India is a Trading Nation! | Center for Strategic and International Studies

U.S.-India Insight: Surprise! India is a Trading Nation! | Center for Strategic and International Studies: On March 4, the Trump administration notified Congress of its plan to remove India from the list of beneficiary nations of a special trade preference program called the “Generalized System of Preferences (GSP).” India’s anti-trade moves that led to this action have once again emphasized the nation’s general reluctance to integrate its economy with the world. However, despite the Indian government’s antipathy towards trade, India’s economy is becoming fairly trade dependent.

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