A report by the World Trade Organization (WTO) has shown that India has initiated far more number of measures widely considered to be ‘trade restricting’ since last year, when the US and China began locking horns on a global trade war spanning hundreds of billions of dollars.
Released on Thursday, the latest report on the changes made by G20 economies in their trade policy showed that in the assessment period of mid-October 2017 to mid-May 2018, nations in the grouping imposed more than 37 barriers to trade, including tariff increases, stricter Customs procedures, imposition of taxes, and export duties.
However,