New Delhi:
On April 2, the United States Trade RePzantitive has presented the National Trade 2025 report to President Donald Trump and US Congress, just before the end of the time limit of the reciperook tariff ended. The National Trade Estimate is an annual report. It describes the efforts of USTR to reduce foreign trade obstacles and those obstacles faced by American exporters.
How much tariff does India impose
This report states that India imposes a lot of tariffs on many types of goods, such as vegetable oil (up to 45 per cent), apples, maize and motorcycles (50 per cent), automobiles and flowers (60 per cent), natural rubber (70 per cent), coffee, raisins and walnuts (100 per cent) and alcohols (100 per cent) and alcohol mesneut beverages (150 per cent).
This report by the United States Trade Relationship underlines President Donald Trump’s ‘America First Trade Policy’ and his trade policy agenda. According to the report, there is a lot of custom duty on drug formulations in India. This is more than 20 percent in some cases. These include life saving medicines and finished medicines included in the list of essential medicines of the World Health Organization.
The USTR is assessed that due to the high tariffs in India, many types of agricultural products and processed foods such as poultry, potato, citrus, almonds, pecan nuts, apples, grapes, canned peaches, chocolate, cookies, french fries and other prepared foods used in the fast-food restaurants are being hurrics.
non-tariff barriers
The National Trade Estruction-2025 claimed that apart from tariffs, India also have many non-tariff barriers. The report said, “Restricted goods that have been denied entry into India include fat, oil and animal oil. At the same time there are some items that require non-supposed import licenses, such as some livestock products, some medicines, some chemicals and some information technology products. Along with this, there are also items that can be imported only by government policies. Is.
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