US axes trade benefits for Brazil, India, others

Newswire

WASHINGTON, June 28 (Reuters) - The United States is terminating some trade benefits for India, Brazil and other developing countries under a program revamped late last year by Congress, U.S. trade officials said on Thursday. The decision means Brazil will no longer be able to ship brakes, brake parts and ferrozirconium to the U.S. market without paying U.S. import duties, the U.S. Trade Representative's office said in a statement. The United States also revoked duty-free status for gold ...

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