India has imposed higher tariffs on 28 US products, including almonds, apples and walnuts, in response to Washington’s withdrawal of key trade privileges for New Delhi.
The US goods affected by the Indian tariffs include iron and steel products, flat-rolled stainless steel, boric acid, tube and pipe fittings, screws, bolts and rivets. The hikes also target food products such as walnuts, chickpeas, lentils, apples, pears and artemia shrimps.
The new tariffs would allow India to receive around $217 million additional revenue from US imports, a source told the Times of India earlier.
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