US Launches Probe Into India For Running $58 Billion Trade Surplus

The USTR said it has evidence of "structural excess capacity and production" in India, while highlighting the $58 billion bilateral trade surplus it had with the world's largest economy last year.

The USTR said it has evidence of “structural excess capacity and production” in India, while highlighting the $58 billion bilateral trade surplus it had with the world’s largest economy last year.

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