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Explained: Impact of Donald Trump’s attack on preferential trade with India The commerce ministry has shrugged off concerns that it will have any major economic impact, noting that total benefits amount to roughly $190 million on overall exports of $5.6 billion Current Affairs  : Joined States president Donald Trump on Tuesday reported an arrangement to end particular exchange treatment for India, pulling back advantages under an almost 50-year-old program for up to $5.6 billion worth of New Delhi’s fares to America. The move comes after over a time of forward and backward between the two nations, and weight applied upon the Trump organization by the American dairy fare and restorative gadgets anterooms. “I am making this stride on the grounds that, after concentrated commitment between the United States and the administration of India, I have verified that India has not guaranteed the United States that it will give evenhanded and sensible access to the business ...