Farm exports to get modest gain from US tariff waiver

INDIA'S EXPORTS OF agricultural commodities are unlikely to gain much from US President Donald Trump’s recent exemption of select food items from reciprocal tariffs.

- SANDIP DAS

“We really had a small share in exports of those items in the latest reciprocal tariff exemption by the US, thus there is not much impact expected for India’s agri-products,’ Ajay Srivastava of Global Trade Research Initiative (GTRI) told FE.

A White House order on November 12 excluded coffee, tea, tropical fruits, cocoa, spices, bananas, oranges, tomatoes, beef,and certain fertilisers from the April 2 reciprocal tariff regime.