>This seems like a great deal for India: threaten a 22% duty, and then you bring in jobs and know-how. Lots of products have very high duties but you'll not fi

>This seems like a great deal for India: threaten a 22% duty, and then you bring in jobs and know-how. Lots of products have very high duties but you'll not find a single manufacturers of those products within the country. Those companies simply add import duty to their cost and increase the price of good in local market. This makes products/tool expensive for local people and they are not able to compete globally. If an America can buy a CNC mill from china duty free and you charge duty which makes $4000 mill cost $7000. Due to higher costs, your local craftman is already rendered uncompetitive in global marketplace Why not let them buy tools and machines duty free and let them learn skills like CNC machining or metal turning?