India has decided to impose retaliatory duties on 29 items imported from the US including apples, walnuts and chemicals worth over $200 million, according to a government official.
These duties are in response to penal duties imposed on Indian aluminium and steel at 10 per cent and 25 per cent respectively by Washington last year.
“The retaliatory duties on American items are likely to come into effect after June 16 2019 as the department of revenue had postponed implementation of the duties till that date,” the official said. The retaliatory duties will be notified by the revenue department.
India had announced retaliatory tariffs worth $230 million on about 29 American goods in June last year in response to the US’ penal tariffs of 25 per cent on steel and 10 per cent on aluminium.
New Delhi has since been postponing implementation of these duties hoping to resolve trade concerns, including the proposed withdrawal of the Generalised System of Preferences (GSP) by the US. The US withdrew the GSP benefits from India on June 5 2019.
India to impose additional customs duties on 29 US products
