According to a World Trade Organisation report, the United States was involved in 52 trade disputes with the European Union - it brought 33 of those while 19 were brought against it.
In order to sustain the high growth rate, Rice suggested three steps for India to follow.
The import duty on chickpeas and Bengal gram has been increased to 60 per cent, lentils hiked to 30 per cent
The report further said the consistent growth clocked by the capital and infrastructure goods sector is likely to support the IIP growth rates going ahead.
India's growth rate is expected to increase to 7.8% in 2019, the IMF said. China on the other is expected to grow at 6.6% in 2018 and 6.4% next year
ADB said the growth will pick up as the new tax regime improves productivity and as banking reform and corporate deleveraging take hold to reverse a downtrend in investment.
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