India, top buyer of US almonds, hits back with higher duties
Updated : June 22, 2018 10:34 AM IST
India, the world’s biggest buyer of US almonds, raised import duties on the commodity by 20 percent, a government order said, joining the European Union and China in retaliating against President Donald Trump’s tariff hikes on steel and aluminium.
New Delhi, incensed by Washington’s refusal to exempt it from the new tariffs, also imposed a 120 percent duty on the import of walnuts in the strongest action yet against the United States.
The move to increase tariffs from August 4 will also cover a slew of other farm, steel and iron products.
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