India offers US tariff cuts on farm imports, eyes trade success, government sources say

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India offers US tariff cuts on farm imports, eyes trade success, government sources say

//business-finance.news-articles.net/content/202 .. s-eyes-trade-success-government-sources-say.html

Published in Business and Finance on Friday, March 28th 2025 at 7:00 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

India has offered tariff cuts on imports of U.S. farm products like almonds and cranberries as a further concession to the United States, two government sources said, hoping to avert President Donald Trump's reciprocal tariffs set for next week.

2025-03-28 248 x 130 / 8844 Bytes

India has proposed to reduce tariffs on certain U.S. agricultural products like frozen turkey, duck, and blueberries, aiming to facilitate a trade deal with the United States, according to government sources. This move comes as part of ongoing negotiations to resolve trade disputes and enhance bilateral trade relations. The proposal is seen as a strategic effort to address the trade imbalance and foster better economic ties, especially after previous tensions over tariffs on steel and aluminum. The discussions also involve addressing issues related to market access for medical devices and dairy products, with the hope of concluding a successful trade agreement that could benefit both nations economically.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/companies/india-offers-us-tariff-cuts-on-farm-imports-eyes-trade-success-government-sources-say/ar-AA1BPaRk ]