United States President Donald Trump had ruled out that India and China will no more fall under the list of developing nations as they had taken advantages from the World Trade Organization and had affirmed that he won't let that happen anymore. Trump has always seen holding his campaign of Making America Great again and had outspoken on the India's move on prodigiously raising the duties on all of the US products getting shipped in India and had further criticized the country in the episodes of being "tariff king".
The two Asian economical giants India and China had seen enhancing its feud with the United states through inking the trade war of rising the tariffs and duties as part of their retaliatory hit back to the United States after the Trump administration had imposed high tariffs for Chinese and Indian goods and products. Washington had slammed the doors of World Trade Organization, which is based in Geneva to spell out the grounds of designations under which the organization labels the country with developing status in what it can be seen as the move that was ostensibly aimed at triggering out the countries such as India, China and Turkey from the status of developing countries, which Trump had claimed that these countries are availing benign grounds of treatment under international trade rules.
He further directed his US trade representative to construct the framework with concrete actions on the advanced economic countries which, according to Trump, were deemed benefiting from the loopholes of World Trade Organization.
He has carpeted his claim of accusing the advanced economies while he addressed the gathering in the US state of Pennsylvania where he underlined his claim of labeling India and China as under developing countries and accused of availing special benefits from World Trade Organization, which he further added that they are letting the United states to face huge disadvantage.
He proclaimed that he won't let this happen anymore and had stated that his administration will not let such countries to enjoy global trade advantages from WTO through which they have grown by leaving the United states behind.
The World Trade Organization which is based in Geneva, Switzerland was founded in 1995, which acts as an intergovernmental organization that is concerned with the regulation and provisions of international trade between the nations, where under its provisions, the developing countries and undeveloped countries are vested with rights and entitlements over having thin and softer international tariffs and can gain trade and subsidies advantages.
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