Home India removes retaliatory tariffs on U.S. products, including aluminum, apples
Local

India removes retaliatory tariffs on U.S. products, including aluminum, apples

Rebecca Barnabi
apples
(© fudio – stock.adobe.com)

The United States and the Republic of India agreed today to end six outstanding disputes at the World Trade Organization.

India agreed to remove retaliatory tariffs imposed in response to the U.S. Section 232 national security measures on steel and aluminum, and certain U.S. products such as apples, chickpeas, lentils, almonds, walnuts, boric acid and diagnostic reagents.

The tariff cuts will restore and expand market opportunities for U.S. agriculture producers and manufacturers, including Virginia. The resolution maintains the integrity of the U.S. Section 232 measures, and the announcement came as President Joe Biden welcomed Indian Prime Minister Narendra Modi to the U.S. for an Official State Visit.

“Prime Minister Modi’s visit has underscored the importance of the U.S.-India bilateral relationship and our cooperation on a range of shared priorities.  Today’s agreement represents the culmination of intensified bilateral engagement over the last two years, including through the U.S.-India Trade Policy Forum, to deepen our economic and trade ties,” Ambassador Katherine Tai said today. “As a result of our work, U.S. agricultural producers and manufacturers will now enjoy renewed access to a critical global market and we will strengthen our trade relationship with one of our closest partners.  I look forward to continue to working with my counterpart, Minister Goyal, as we identify additional ways to bring our people and our economies together.”

The six World Trade Organization disputes below include three disputes initiated by India and three disputes initiated by the U.S.:

  • United States – Countervailing Measures on Certain Hot-Rolled Carbon Steel Flat Products from India (DS436);
  • India – Certain Measures Relating to Solar Cells and Solar Modules (DS456);
  • United States – Certain Measures Relating to the Renewable Energy Sector (DS510);
  • India – Export Related Measures (DS541);
  • United States – Certain Measures on Steel and Aluminum Products (DS547); and
  • India – Additional Duties on Certain Products from the United States (DS585).

Sen. Mark R. Warner of Virginia tweeted in celebration: “An exciting outcome from PM Modi’s visit… India has agreed to end retaliatory tariffs on apples, opening up huge economic opportunities for apple farmers across Virginia! American producers benefit from our strong and strengthening relationship with India.”

 

Support AFP




Latest News

valley league baseball
Baseball

ODAC Baseball season comes to an end with Lynchburg, Randolph-Macon Super Regional losses

donald trump
Politics, U.S. & World

We the victims: Who pays when the government weaponizes its power?

One way or another, the American taxpayers always get screwed by politicians eager to spend our hard-earned dollars on programs and projects that do little to improve our lives, safeguard our freedoms, or secure our future.

aew darby allin
Etc.

AEW ‘Double or Nothing’ redux: The Darby Allin nightmare is over

The five-week AEW world title reign of #SpeakingOut alum Darby Allin came to an end Sunday night in a loss to former champ Maxwell Jacob Friedman in the main event at “Double or Nothing” in front of a lively sellout crowd in New York City.

baseball
Baseball

UVA Baseball: ‘Hoos headed to Southern Miss; breakdown of field, projections

nathan stanley
Local

Wayne Theatre to host Ralph Stanley tribute featuring Nathan Stanley

augusta county map
Local, Politics

Augusta County announces June 3 ribbon cutting at new county courthouse

hampton roads tunnel fire
Virginia

Fiery crash in Hampton Roads Bridge Tunnel sends driver to the hospital