US Tariff Exemptions Boost Indian Agricultural Exports

U.S. Tariff Exemptions Boost Indian Agricultural Exports: A Potential Revival for Indian Goods in the U.S. MarketPresident Trumps decision to exempt over two hundred food products, including beef, from reciprocal tariffs aims to alleviate U.S. grocery price concerns and potentially revive demand for Indian goods. Indian exporters of tea, coffee, spices, and cashew nuts, previously hit with tariffs up to fifty percent, now stand to benefit from the exemptions, with estimates suggesting up to three billion dollars in exports could be positively impacted. This move is seen as a positive signal for broader trade talks between the U.S. and India, and could help ease export pressure and recover lost demand in the sector. However, exporters remain cautious due to high freight costs and strong competition from other countries.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.