Tariffs on India will lead to trade war: US Congressman-elect Subramanyam

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Tariffs on India will lead to trade war: US Congressman-elect Subramanyam - Business Standard

Quick Summary:

US Congressman-elect Suhas Subramanyam has said he is opposed to imposing tariffs on India as it will lead to a trade war between the two countries.

Ahead of his election as US President, Donald Trump had taken a potshot at India's tariff structure and talked about imposing reciprocal tax on countries like China and India.

Subramanyam's comments came amid the likelihood of higher tariffs on Indian exports by the new Trump administration.