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

New Delhi: India may decrease or fully eradicate import levies on American walnuts, almonds, apples and cranberries because it seeks to forge deeper commerce ties with the US and iron out key contentious points with the nation forward of Donald Trump’s reciprocal tariffs that are set to kick off on April 2.

Officers stated talks are on to supply responsibility concessions on American walnuts and almonds and eradicate duties on cranberries. The 2 sides are eyeing a bilateral commerce deal by finish of 12 months and have set a goal of $500 billion bilateral commerce by 2030. New Delhi imposes commonplace 42-120% responsibility on almonds and 50% on apples. Walnuts entice 100-120% responsibility.

“We’re within the strategy of resolving these points… There’s a group of negotiators in Washington doing that,” stated an official.

The ministry of commerce and trade has held consultations with stakeholders about decreasing industrial tariffs in sectors during which India has offensive pursuits and those with insignificant American imports.

India can also be mulling giving responsibility concessions on American cherries and cranberries, which face 30% import tariffs. New Delhi imported $614.5 million value of almonds from the US in April-November FY25, $22.48 million value of apples and $6.68 million value of cranberries.