The WTO had set up dispute settlement panels to decide on New Delhi’s move to levy 10% customs duty on mobile phones and some other ICT products for the first time in July 2017 which it increased to 15% that year. The duties were further increased to 20% despite opposition from a number of WTO members.
US stocks: US market rises on the day but falls for the week; bond yields and Iran in focus
Major U.S. stock indexes finished Friday higher, but recorded weekly declines. Investors reacted to fluctuating government bond yields and Middle East developments. Stronger services sector