India resigned to U.S. decision to end zero-tariffs status

NEW DELHI -- India's commerce ministry said Tuesday that it won't try to hold onto its preferential zero-tariffs status with the United States after Washington decided to drop it from its Generalized System of Preferences program. On Monday, U.S. Trade Representative Robert Lighthizer announced that India and Turkey would lose their GSP status within 60 days. He said India had failed "to provide the United States with assurances that it will provide equitable and reasonable access to its markets