US-India agreement lowers tariffs on American agricultural goods

In a significant advancement for economic relations between the US and India, the two nations have reached a mutual agreement to reduce tariffs on several American agricultural products, including a wide variety of berries and frozen turkey and duck products.

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As stated by US officials, this move will unlock greater economic opportunities for American agricultural producers in the vital Indian market, fostering a richer assortment of US products for Indian consumers. The development comes in the wake of India’s decision earlier this summer to lift retaliatory tariffs on various US exports, a move which came into effect recently, signalling positive momentum in trade relations.