News / India-US perishables trade soars as 'political' tariffs are lifted

Credit: IG International

India’s perishables trade with the US is seeing significant traction, especially fruit, after both nations agreed to lift retaliatory tariffs implemented amid evolving geopolitical dynamics.

The more-conducive environment seems to be yielding discernible green shoots particularly for the US fresh apple flow to the Indian market.

An additional 20% import duty imposed in 2019 had proved a significant trade barrier, but last June New Delhi removed the duty burden, in a reciprocal move, and paved the way for bilateral trade expansion.

According to ...