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  Business   Economy  01 Apr 2019  India delays levying retaliatory tariff on US goods to May 2

India delays levying retaliatory tariff on US goods to May 2

REUTERS
Published : Apr 1, 2019, 9:46 am IST
Updated : Apr 1, 2019, 9:54 am IST

India has once again delayed the implementation of higher tariffs on some goods imported from the United States.

The new tariff structure was to come into force from April 1.
 The new tariff structure was to come into force from April 1.

India has once again delayed the implementation of higher tariffs on some goods imported from the United States to May 2, according to a government order.

The new tariff structure was to come into force from April 1.

 

Angered by Washington’s refusal to exempt it from new steel and aluminum tariffs, New Delhi decided in June last year to raise the import tax from Aug. 4 on some US products including almonds, walnuts and apples.

But since then, New Delhi has repeatedly delayed the implementation of the new tariff.

Tags: import duty, tariffs, us products