Trump tariff rollback offers relief for Indian farmers, says report

Indian exports of food goods such as spices, tea and cashew nuts to the US market are set to benefit from a major tariff cut announced by President Trump on nearly 200 food products to make them more affordable for local consumers, following a political backlash over rising prices.

- Business Desk

Among the products included in the revised list are an array of Indian exports, black pepper, cloves, cumin, cardamom, turmeric, ginger, several tea varieties, mango derivatives and nuts such as cashew, ANI reported on Sunday, quoting official, sources.

India's exports of spices to the US were valued at over $500 million in 2024, while tea and coffee exports amounted to nearly $83 million. India also exports close to $200 million of cashew nuts to the US.