Feb 7 • 17:02 UTC 🇮🇳 India Aaj Tak (Hindi)

Zero Tariff on These Indian Products in America

The Indian government has announced a zero percent tariff on various products exported to the United States.

During a press conference, Indian Commerce Minister Piyush Goyal announced that the Indian government will implement a zero percent tariff on a broad range of products exported to the United States. This includes popular items such as spices, tea, coffee, and coconut oil, as well as a variety of nuts, fruits, vegetables, and mushrooms. Additionally, the list encompasses aircraft parts, organic medicines, auto parts, and jewelry, reflecting the diverse nature of Indian exports to the US.

The decision is significant for strengthening trade relations between India and the US, providing Indian exporters with a competitive edge in the American market. Removing tariffs on these products may lead to increased export volumes and could potentially result in more job opportunities within the Indian agricultural and manufacturing sectors.

This move is also likely to be viewed favorably by American consumers, who may benefit from lower prices on these imported goods. Overall, the Indian government's initiative aims to boost bilateral trade and enhance economic cooperation between the two nations.

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