date:Aug 13, 2018
India has decided to defer the imposition of higher duty on food imported from the United States, giving Indian food importers much-needed relief. The higher duties were supposed to be initiated from August 4, 2018, but sources stated that negotiations between the two countries led to the deferment of the tariffs.
Traders from both the countries were hoping for a breakthrough, and it was proposed that food products not be included in the demerit list, which is likely to adversely affect the tr