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A First: USTR Report Flags Concerns Over Draft DPDP Rules
Business Standard
|April 02, 2025
It stated that high tariff rates also restrict trade in agricultural goods and processed foods, such as poultry, potatoes, citrus fruits, almonds, pecans, apples, grapes, canned peaches, chocolate, biscuits, frozen French fries, and other prepared foods used in fast-food restaurants.
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The USTR argued that India's significant gap between its bound and applied tariff rates under the World Trade Organization allows it to change rates for both agricultural and non-agricultural products at any time, creating what it called "tremendous uncertainty" for US workers, farmers, ranchers, and exporters.
On Sunday, US President Donald Trump said the reciprocal tariffs would apply to "all countries" without exception, dashing hopes in India for an exemption amid ongoing negotiations on tariff concessions under the proposed BTA. A day earlier, Trump described India's tariffs as "brutal" but maintained that trade relations between the two nations would "work out very well".
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