Monideepa Mukherjee, a spokeswoman for India’s Ministry of Commerce and Industry, told Reuters late-Thursday, India is considering postponing the imposition of the retaliatory duties on the US products, as cited by Reuters. In retaliation to the US metals tariffs, India announced it would raise import tax on some US products including almonds, walnuts and apples. Mukherjee, however, said the government proposed to put the new tariffs, which were due to go into effect on Aug. 4, on hold. “The Ministry of Commerce has suggested to the department of revenue to amend the notification for further extension of retaliatory measures for 45 days,” noted. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/JPY Review: BOE’s dovish hike has shifted risk in favor of a drop below 145.00 FX Street 5 years Monideepa Mukherjee, a spokeswoman for India's Ministry of Commerce and Industry, told Reuters late-Thursday, India is considering postponing the imposition of the retaliatory duties on the US products, as cited by Reuters. In retaliation to the US metals tariffs, India announced it would raise import tax on some US products including almonds, walnuts and apples. Mukherjee, however, said the government proposed to put the new tariffs, which were due to go into effect on Aug. 4, on hold. "The Ministry of Commerce has suggested to the department of revenue to amend the notification for further extension of retaliatory measures for… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.