GTRI says US tariffs on Indian pistachios will have minimal impact on India

news18.com

The Global Trade Research Initiative (GTRI) reports that potential US tariffs on Indian pistachios will not significantly impact India, as it does not export this product. The US is considering reciprocal tariffs in response to India's existing tariffs. GTRI highlights that 75% of US exports to India face tariffs below 5%, while India faces higher US tariffs on labor-intensive goods. The US has already imposed 25% tariffs on steel and aluminum. The US and India have a significant trade relationship, with India enjoying a trade surplus. The US was India's largest trading partner in 2023-24, with bilateral trade reaching USD 119.71 billion.


With a significance score of 3, this news ranks in the top 10% of today's 29090 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: