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Friday, December 20, 2024 | 04:07 AM ISTEN Hindi

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Google tax: American IT and steel lobbies back action against India

The group has called for a retaliatory tariff action against India, if New Delhi does not roll back the 'unilateral and discriminatory' equalisation levy or Google Tax

US tariff, American tariff, Chinese companies, US sanction,Chinese products, United States, American port, Chinese goods,trade, Settle logistics, US President Joe Biden
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Dilasha Seth New Delhi
America’s top tech lobby — Internet Association — has backed retaliatory tariff action against India, if New Delhi does not roll back the ‘unilateral and discriminatory’ equalisation levy or Google Tax.
 
It has also urged the US to help build a global consensus around developing a modern, fair, and global approach to taxing digital services to prevent such unilateral measures from countries like India.
 
The Steel Manufacturers Association in the US has also strongly backed imposition of retaliatory tariffs against India to address concerns related to unfair trade practices by Indian steel producers. It sought inclusion of over

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