Post Leads  |
India levies retaliatory tariffs on 28 US products
Commodity Online | June 17 2019
UPDATED 12:26:37 IST

Govt rolls out 6th tranche of Gold bond scheme

India launches anti-subsidy probe into certain Steel items from Indonesia

Indonesia Palm Oil exports fall in August: survey

Edible Oil industry body advises against import of Malaysian Palm Oil

USDA revises down India’s Sugar production forecast

India will impose higher tariffs on 28 American products including almonds, apples and walnut effective June 16, the government said in a notification.

The retaliatory tariffs, triggered by the US announcing higher duties on Indian steel and aluminium last year, were deferred multiple times in view of the trade dialogue between the two countries.

The new tariffs are expected to bring in $220 million of revenue to India as the government dropped one item- artemia-from the list.

New Delhi had decided to levy higher tariffs following Washington’s withdrawal of preferential benefits for $6.35 billion of Indian exports early this month.


Commodity Arrivals Rate
Mustard Oil 200 9500.00
Coconut Oil 0.1 17200.00
Arecanut 15 24000.00
Sugar 40 3342.00