09-May-2025
Economy News
 
India offers US tariff cuts on farm imports, eyes trade success, govt sources say
28-Mar-2025

India has offered tariff cuts on imports of U.S. farm products like almonds and cranberries as a further concession to the United States, two government sources said, hoping to avert President Donald Trump's reciprocal tariffs set for next week. Unlike China, Canada and the European Union, India is actively seeking to appease the Trump administration and is open to cutting tariffs on over half of U.S. imports worth $23 billion, Reuters reported earlier this week.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/india-offers-us-tariff-cuts-on-farm-imports-eyes-trade-success-govt-sources-say/articleshow/119640353.cms