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India Cuts Bourbon Whisky Tariffs, Eyes F-35 Jets
Mint New Delhi
|February 15, 2025
The Two Nations Agreed to Explore Opportunities for Setting Up Campuses of Premier American Colleges in India
India has slashed tariffs on bourbon whisky to 100% from 150%, a move that will benefit imports of brands like Suntory's Jim Beam, after US President Donald Trump criticized "unfair" levies in the South Asian market.
Trump has railed against the climate for American businesses in India and unveiled a roadmap for reciprocal tariffs on countries that put duties on US imports. The tariff notification by the Indian government was dated 13 February, but gathered media attention only on Friday. It said the basic customs duty on bourbon will be 50%, with an additional levy of 50%, bringing the total to 100%.
Dit verhaal komt uit de February 15, 2025-editie van Mint New Delhi.
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