US slams India for high tariffs on agri products
The US has once again slammed India for high tariffs on agricultural products and non-tariff restrictions to market access. It has also sought greater access to India’s dairy market for its products. In the latest annual report on foreign trade barriers, the US Trade Representative (USTR) said India maintains high tariffs on a wide range of goods including vegetable oils (45%); apples, corn and motorcycles (50%); automobiles and flowers (60%); natural rubber (70%); coffee, raisins and walnuts (100%); and alcoholic beverages (150%). High tariff rates also present a significant barrier to trade in other agricultural goods and processed foods (for example, poultry, potatoes, citrus, almonds, pecans, apples, grapes, canned peaches, chocolate, cookies, frozen French fries, and other prepared foods used in fast-food restaurants), the USTR said, as per a report.
source: Exim News Service: Washington, April 2