Justin Sink Jenny Leonard Bloomberg

US President Donald Trump opened another potential front in his trade war on Friday, terminating India's designation as a developing nation and thereby eliminating an exception that allowed the country to export nearly 2,000 products to the US duty-free.

US President Donald Trump opened another potential front in his trade war on Friday, terminating India's designation as a developing nation and thereby eliminating an exception that allowed the country to export nearly 2,000 products to the US duty-free.