India considers lowering import duties on American walnuts, almonds, apples, and cranberries

New Delhi: India could little oregon wholly destruct import levies connected American walnuts, almonds, apples and cranberries arsenic it seeks to forge deeper commercialized ties with the US and robust retired cardinal contentious issues with the state up of Donald Trump's reciprocal tariffs which are acceptable to footwear disconnected connected April 2.

Officials said talks are connected to connection work concessions connected American walnuts and almonds and destruct duties connected cranberries. The 2 sides are eyeing a bilateral commercialized woody by extremity of twelvemonth and person acceptable a people of $500 cardinal bilateral commercialized by 2030. New Delhi imposes modular 42-120% work connected almonds and 50% connected apples. Walnuts pull 100-120% duty.

"We are successful the process of resolving these issues... There is simply a squad of negotiators successful Washington doing that," said an official.

The ministry of commerce and manufacture has held consultations with stakeholders astir reducing concern tariffs successful sectors successful which India has violative interests and the ones with insignificant American imports.

India is besides mulling giving work concessions connected American cherries and cranberries, which look 30% import tariffs. New Delhi imported $614.5 cardinal worthy of almonds from the US successful April-November FY25, $22.48 cardinal worthy of apples and $6.68 cardinal worthy of cranberries.