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Date: 01/04/2025

India reviews tariffs on farm goods after Trump’s demand

India is reviewing Donald Trump’s demands to cut import duties on farm goods and significantly reduce other barriers with talks between a US delegation and India on the contours of the proposed bilateral trade agreement (BTA) underway. Among the proposals, New Delhi is considering lower duties on pecans, pulses and non-genetically modified soybeans, as well as dried distilled grains soluble — a by-product of ethanol production used in animal feed. India is also seeking greater access for its grapes and organic farm products in the American market. Mr Brendan Lynch, US Assistant Trade Representative for South and Central Asia, and a team of officials held discussions in New Delhi to prepare the groundwork for formal talks on a bilateral trade agreement. The first tranche of that deal is expected around October or November, as per a report.

Source: Exim News Service: New Delhi, March 31