Subscriber Only
Business
India Joins China, Europe in Hitting Back at Trump on Trade
By
Updated on
-
Increase in import duties to be effective from Aug. 4
-
Items include chickpeas, lentils, almonds, hot-rolled coils
India raised tariffs on a slew of items in retaliation to U.S. imposing higher levies on some products shipped from the South Asian nation, a move that echoes steps taken by China and the European Union.
The import duty on chickpeas and Bengal gram, or chana, has been increased to 70 percent and will be effective from Aug. 4, the ministry of finance said in a notification dated June 20. The tariffs have also been raised on other items including walnuts, almonds, boric acid, apples, diagnostic reagents and some hot-rolled coil products.
