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Trade war

Trump plans to scrap preferential trade treatment for India

U.S. President Donald Trump appears at a joint news conference with Indian Prime Minister Narendra Modi at the White House in Washington in June 2017.   © Reuters

WASHINGTON/NEW DELHI (Reuters) -- U.S. President Donald Trump looked set to open a new front in his trade wars on Monday with a plan to end preferential trade treatment for India that allows duty-free entry for upto $5.6 billion worth of its exports to the United States.

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