India Considering Tariff Concessions on Pulses Imports from the US, May Increase Duties on Canada: Reuters Report

03-Mar-2025 12:39 PM

India Considering Tariff Concessions on Pulses Imports from the US, May Increase Duties on Canada: Reuters Report
★ The Indian government is considering granting tariff concessions on pulses imports from the United States while increasing import duties on Canadian pulses.  
★ This move is seen as an effort to strengthen trade ties with the US while putting pressure on Canada amid recent diplomatic tensions.  
★ Although India's domestic pulses production has increased, this policy shift is being considered in light of international trade dynamics. Further discussions on the Bilateral Trade Agreement (BTA) are expected in the coming weeks.