The move will hurt American exporters of these 28 items as they will have to pay higher duties, making those items costlier in the Indian market. America had in March last year imposed 25% tariff on steel and a 10% import duty on aluminium products. As part of the imposition of higher import duties on US products, India has notified higher tariffs on several goods. While import duty on walnut has been hiked to 120% from 30%, duty on chickpeas, Bengal gram (chana) and masur dal will be raised to 70%, from 30% currently. India exports steel and aluminium products worth about USD 1.5 billion to the US every year.

Source: dna June 15, 2019 17:37 UTC