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United States pays high price for free trade treaties with nations
11/04/2015
New York: Free trade is an American mantra. The Obama administration's commitment to winning "fast-track" status for its cherished Trans-Pacific Partnership (TPP) trade agreement is part of that tradition. But growing evidence shows that granting full trading privileges to low-income countries on the make is usually costly to the United States.
India: Need tariff, non-tariff barriers to protect domestic steel industry
11/04/2015
Managing director for India and South East Asia at Tata Steel, TV Narendran, says the government should take a cue from other nations in creating tariff and non-tariff barriers to block the huge influx of steel imports, which can undermine domestic units. The soft-spoken IIM-C grad, at the helm of the country’s third-largest steel producer since November 2013, told Surya Sarathi Ray in an interview that the government would do well to hike the customs duty on steel.
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