Almond Retribution Delayed as India Holds Back Steel Tariff Reponse — Panjiva


Almond Retribution Delayed as India Holds Back Steel Tariff Reponse

Ags - Fruit/Veg 82 Cons. Staples - Food/Beverages 395 India 283 Materials - Metals/Mining 482 Metals - Aluminum 159 Metals - Steel 360 Tariffs 1169 U.S. 3297

The Indian government has postponed its retaliatory duties against U.S. section 232 tariffs on steel and aluminum for a fourth time. That’s reportedly due to ongoing negotiations for a package of trade arrangements, though a full free trade agreement is not on the table. Indian imports of products targeted for tariffs from the U.S. in the 12 months to Sept. 30 were worth $1.61 billion and were led by almonds – equivalent to 42.1% of the total. India’s steel and aluminum exporters have nonetheless suffered from U.S. duties with U.S. seaborne imports down 26.5% in the thr...

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