Photos: A stir-up for Indian exports as Trump yanks developing nation status

President Donald Trump opened another potential front in his trade war last Friday, terminating India’s designation as a developing nation and thereby eliminating an exception that allowed the country to export nearly 2,000 products to the US duty-free. The action, which the administration has foreshadowed for months, ends India’s preferential treatment under the Generalized System of Preferences, a decades-old program designed to promote economic development around the world.

UPDATED ON JUN 06, 2019 11:45 AM IST 10 Photos
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A man walks past container trucks sitting parked near the Jawaharlal Nehru Port, in Navi Mumbai, Maharashtra. “I have determined that India has not assured the United States that India will provide equitable and reasonable access to its markets,” Trump said in a proclamation on May 31. 2019. “Accordingly, it is appropriate to terminate India’s designation as a beneficiary developing country effective June 5, 2019.” (Dhiraj Singh / Bloomberg)

A man walks past container trucks sitting parked near the Jawaharlal Nehru Port, in Navi Mumbai, Maharashtra. “I have determined that India has not assured the United States that India will provide equitable and reasonable access to its markets,” Trump said in a proclamation on May 31. 2019. “Accordingly, it is appropriate to terminate India’s designation as a beneficiary developing country effective June 5, 2019.” (Dhiraj Singh / Bloomberg)

UPDATED ON JUN 06, 2019 11:45 AM IST
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Gantry cranes operated by PSA International Pte stand at the Jawaharlal Nehru Port while a fisherman gathers shellfish. The Trump administration has said concerns over market access for US goods being exported to India led them to withdraw the benefits, which prohibited duties on about $5.7 billion in imports in 2017, according to the Congressional Research Service. (Dhiraj Singh / Bloomberg)

Gantry cranes operated by PSA International Pte stand at the Jawaharlal Nehru Port while a fisherman gathers shellfish. The Trump administration has said concerns over market access for US goods being exported to India led them to withdraw the benefits, which prohibited duties on about $5.7 billion in imports in 2017, according to the Congressional Research Service. (Dhiraj Singh / Bloomberg)

UPDATED ON JUN 06, 2019 11:45 AM IST
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A train carrying shipping containers near the Jawaharlal Nehru Port. India said in response that it had offered resolutions to the US during bilateral trade discussions, and it’s “unfortunate” that those weren’t accepted. While India will continue to work on improving ties with the US, its trade decisions would be guided by its own “development imperatives and concerns,” the trade ministry has said in a statement. (Dhiraj Singh / Bloomberg)

A train carrying shipping containers near the Jawaharlal Nehru Port. India said in response that it had offered resolutions to the US during bilateral trade discussions, and it’s “unfortunate” that those weren’t accepted. While India will continue to work on improving ties with the US, its trade decisions would be guided by its own “development imperatives and concerns,” the trade ministry has said in a statement. (Dhiraj Singh / Bloomberg)

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Container trucks sit parked near the Jawaharlal Nehru Port. The decision follows a move by Trump in May to end Turkey’s preferential trade treatment. Turkey was the fifth-largest beneficiary of the program -- which allowed some Turkish exporters to sell products in the US duty free -- in 2017 with $1.7 billion in covered imports to the US. India was the largest with $5.7 billion. (Dhiraj Singh / Bloomberg)

Container trucks sit parked near the Jawaharlal Nehru Port. The decision follows a move by Trump in May to end Turkey’s preferential trade treatment. Turkey was the fifth-largest beneficiary of the program -- which allowed some Turkish exporters to sell products in the US duty free -- in 2017 with $1.7 billion in covered imports to the US. India was the largest with $5.7 billion. (Dhiraj Singh / Bloomberg)

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A motorist travels under a Bharat Petroleum Corp. LPG pipeline. The White House announcement came just a day after PM Narendra Modi was sworn into a second term. Trump’s decision was a “double whammy” after the nation “succumbed to US pressure” by not buying crude oil from Iran on favorable terms, Randeep Surjewala, chief spokesman of the Congress Party, said Saturday, according to the Economic Times. (Dhiraj Singh / Bloomberg)

A motorist travels under a Bharat Petroleum Corp. LPG pipeline. The White House announcement came just a day after PM Narendra Modi was sworn into a second term. Trump’s decision was a “double whammy” after the nation “succumbed to US pressure” by not buying crude oil from Iran on favorable terms, Randeep Surjewala, chief spokesman of the Congress Party, said Saturday, according to the Economic Times. (Dhiraj Singh / Bloomberg)

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Trucks sit parked next to oil tanks near the Jawaharlal Nehru Port. Among the industries most at risk would be agriculture, auto parts and pharmaceuticals, Surjewala said. “We urge Prime Minister Narendra Modi to make a comprehensive statement on the issue to the nation and place before the public a way forward to overcome this grave trade and economic crisis,” Surjewala told reporters in New Delhi. (Dhiraj Singh / Bloomberg)

Trucks sit parked next to oil tanks near the Jawaharlal Nehru Port. Among the industries most at risk would be agriculture, auto parts and pharmaceuticals, Surjewala said. “We urge Prime Minister Narendra Modi to make a comprehensive statement on the issue to the nation and place before the public a way forward to overcome this grave trade and economic crisis,” Surjewala told reporters in New Delhi. (Dhiraj Singh / Bloomberg)

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Trucks wait to enter a freight depot. Indian exporters may have forgo benefits worth $260 million, according to the Federation of Indian Export Organisations. US Trade Representative Robert Lighthizer, who’s grown increasingly irked over India’s trade barriers and practices, has a longstanding frustration with the country’s self-designation as a developing nation at the World Trade Organization, people familiar with the matter told Bloomberg. (Dhiraj Singh / Bloomberg)

Trucks wait to enter a freight depot. Indian exporters may have forgo benefits worth $260 million, according to the Federation of Indian Export Organisations. US Trade Representative Robert Lighthizer, who’s grown increasingly irked over India’s trade barriers and practices, has a longstanding frustration with the country’s self-designation as a developing nation at the World Trade Organization, people familiar with the matter told Bloomberg. (Dhiraj Singh / Bloomberg)

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Oil tanks stand near the Jawaharlal Nehru Port. Still, earlier this week Trump removed India from its currency monitoring list of major trading partners -- it had been added to the list a year ago -- and Secretary of State Michael Pompeo termed the country a “great ally.” A March notice gave India two months to address the administration’s concerns before Trump made the end to the tariff treatment official. (Dhiraj Singh / Bloomberg)

Oil tanks stand near the Jawaharlal Nehru Port. Still, earlier this week Trump removed India from its currency monitoring list of major trading partners -- it had been added to the list a year ago -- and Secretary of State Michael Pompeo termed the country a “great ally.” A March notice gave India two months to address the administration’s concerns before Trump made the end to the tariff treatment official. (Dhiraj Singh / Bloomberg)

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The proclamation issued by the White House on Friday also subjects solar cells and washing machines from India and Turkey to duties imposed by Trump in 2018. Both nations had been exempted because of their status as developing countries. Dan Anthony, executive director of the Coalition for GSP, a trade group, said that the decision “will cost American businesses over $300 million in additional tariffs every year.” (Dhiraj Singh / Bloomberg)

The proclamation issued by the White House on Friday also subjects solar cells and washing machines from India and Turkey to duties imposed by Trump in 2018. Both nations had been exempted because of their status as developing countries. Dan Anthony, executive director of the Coalition for GSP, a trade group, said that the decision “will cost American businesses over $300 million in additional tariffs every year.” (Dhiraj Singh / Bloomberg)

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Shipping containers sit stacked at a freight depot. “There are no winners from today’s decision,” Anthony said in a statement. “American importers will pay more, while some American exporters will continue to face current market access barriers in India and others, including farmers, are very likely to be subject to new retaliatory tariffs.” (Dhiraj Singh / Bloomberg)

Shipping containers sit stacked at a freight depot. “There are no winners from today’s decision,” Anthony said in a statement. “American importers will pay more, while some American exporters will continue to face current market access barriers in India and others, including farmers, are very likely to be subject to new retaliatory tariffs.” (Dhiraj Singh / Bloomberg)

UPDATED ON JUN 06, 2019 11:45 AM IST
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