United States Criticizes India for High Tariffs on American Goods
The United States has raised concerns over India’s high tariffs on American products, notably a 150% tariff on alcohol and 100% on agricultural goods. President Trump claims India will lower these tariffs, but official negotiations are still unresolved, according to Commerce Secretary Sunil Barthwal.
The United States has once again focused on India concerning the high tariffs imposed on American products, particularly alcohol and agricultural items. A White House official utilized a comparative chart, which highlighted India’s tariffs against those of Canada and Japan, emphasizing a significant 150% tariff on American alcohol.
The official criticized the tariff rates in Canada and highlighted that America faces nearly 300% tariffs on its cheese and butter. Furthermore, the tariffs on Indian agricultural products stand at 100%, while Japan imposes a staggering 700% tariff on rice. The data suggests that such high tariffs may hinder the export of products like Kentucky bourbon into India.
President Trump has expressed his longstanding concerns regarding India’s tariff policies. He claimed that India has pledged to substantially lower its tariffs, reinforcing his commentary on their significant impact on American trade. However, Commerce Secretary Sunil Barthwal conveyed to a Parliamentary panel that discussions between the US and India concerning trade tariffs continue without a finalized agreement as of yet.
In summary, the recent focus by the United States on India’s tariffs highlights ongoing concerns over trade imbalances. High tariffs on American goods, particularly alcohol and agricultural products, are a central point of contention. While President Trump believes India has committed to reducing these tariffs, official negotiations remain ongoing without a formal agreement as of now.
Original Source: www.hindustantimes.com
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