India loses IT tariffs dispute with EU and other countries at WTO panel.

1 min read
Source: Indiatimes.com
India loses IT tariffs dispute with EU and other countries at WTO panel.
Photo: Indiatimes.com
TL;DR Summary

A WTO panel has ruled that India violated global trading rules in a dispute with the EU, Japan, and Taiwan over import duties on IT products. The EU challenged India's introduction of import duties of between 7.5% and 20% for a wide range of IT products in 2019. India can appeal the decision.

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