Northeast India’s Only English and Hindi Satellite News Channel

India’s tariff removal on several US products benefiting farmers: Katherine Tai

First Published: 17th April, 2024 7:44 IST

Notably, the six disputes in the WTO were resolved during PM Modi's state visit to the US in June

US Trade Representative Katherine Tai said on Tuesday that India‘s decision to remove retaliatory tariffs on several US products has improved access to chickpeaslentilsalmondswalnuts, and apples and is benefiting farmers across the country.
In her testimony before the House Ways and Means Committee Hearing on the President’s 2024 Trade Policy Agenda, Tai mentioned that India and the US resolved the final outstanding WTO dispute in September last year, and India agreed to reduce tariffs on several US products.

“Last June, India and the United States terminated six WTO disputes, and India agreed to remove retaliatory tariffs on several US products. This means improved access for chickpeaslentilsalmondswalnuts, and apples, benefiting farmers across the country, including in Michigan, Oregon, and Washington,” Katherine Tai said.
“Additionally, in September, India and the United States resolved our final outstanding WTO dispute, and India agreed to reduce tariffs on several US products. This means more market access for turkey, duck, blueberries, and cranberries, benefiting farmers in North CarolinaPennsylvaniaVirginia, and Wisconsin,” she added.

Earlier in September, Katherine Tai announced that India and the US had agreed to resolve their last outstanding dispute at the World Trade Organisation (WTO) and lower tariffs on certain US agricultural products, including frozen turkey, frozen duck, fresh blueberries, and cranberries, frozen blueberries, and cranberries, dried blueberries, and cranberries, and processed blueberries and cranberries.
The announcement came as US President Joe Biden met with Prime Minister Narendra Modi on September 8 in New Delhi ahead of the G20 Leaders’ Summit.

The joint statement released by India and the US after the meeting between the two leaders said, “The leaders lauded the settlement of the seventh and last outstanding World Trade Organisation (WTO) dispute between India and the United States.”
Notably, the six disputes in the WTO were resolved during PM Modi’s state visit to the US in June. India also agreed to reduce tariffs on certain US products, including chickpeaslentilsalmondswalnuts, apples, boric acid, and diagnostic reagents. (ANI)

Also Read: Bhutan King grants an audience to Editor-in-Chief Wasbir Hussain at Thimphu

COMMENTS

WE RECOMMEND

Banner
Indian students in Kyrgyzstan advised to “stay indoors” amid mob violence

The Indian embassy also shared a helpline contact number for the students.

18th May 2024
Banner
Advisory for Indians travelling to Laos, Cambodia for jobs

The advisory outlines significant risks associated with fraudulent job offers and emphasizes the need for caution.

17th May 2024
Banner
Kim Jong Un’s sister says N Korea’s weapons not for exports after US sanctions Russian firms

Kim Yo-jong's statement comes amid US claims that North Korea has supplied weapons to Russia to support the latter's war in Ukraine.

17th May 2024
Banner
‘Let’s get ready to Rumble’: Trump, Biden set to debate in June, September

The first debate by CNN will be held on June 27, while the second debate will be held on September 10 by ABC News.

16th May 2024
Banner
France declares state of emergency in New Caledonia as violent protests rage

The state of emergency came into effect at 8 pm (Paris time) on Wednesday and 5 am in Noumea, the island's capital.

16th May 2024