India Further Delays Retaliatory Tariffs On US Products: Official

INSUBCONTINENT EXCLUSIVE:
India has once again delayed the implementation of higher tariffs on some goods imported from the United States to May 15, a government
official said on Friday.The new tariff structure was to come into force from May 2, the spokeswoman said without citing reasons for the
delay.Angered by Washington's refusal to exempt it from new steel and aluminum tariffs, New Delhi decided in June last year to raise the
import tax from August 4 on some US products including almonds, walnuts and apples.But since then, New Delhi has repeatedly delayed the
earlier this year to end preferential trade treatment for India that allows duty-free entry for up to $5.6 billion worth of its exports to
the United States.In a further blow, US on Monday demanded buyers of Iranian oil stop purchases by May or face sanctions, ending six months
of waivers which allowed Iran's eight biggest buyers including India to continue importing limited volumes.Get the latest election news,
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