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India suspends cotton import duty
Gulf Today
|August 20, 2025
India has suspended an 11% import duty on cotton until September 30, in a move seen as a signal to Washington that New Delhi is willing to address US concerns on agricultural tariffs, while also easing pressure on its garment industry.
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The temporary suspension, announced late on Monday, could benefit US cotton growers and provide relief to India’s apparel sector, which faces tariffs of nearly 60% on shipments to the United States from later this month.
Dit verhaal komt uit de August 20, 2025-editie van Gulf Today.
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