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India, Top Buyer of US Almonds, Hits Back With Higher Duties

India, the world’s biggest buyer of U.S. almonds, raised import duties on the commodity by 20 percent, a government order said, joining the European Union and China in retaliating against President Donald Trump’s tariff hikes on steel and aluminum. New Delhi, incensed by Washington’s refusal to exempt it from the new tariffs, also imposed a 120 percent duty on the import of walnuts in the strongest action yet against the United States. The move to increase tariffs from Aug. 4 will also cover a slew of other farm, steel and iron products. It came a day after the European Union said it would begin charging 25 percent import duties on a range of U.S. products on Friday, in response to the new U.S. tariffs. India is by far the largest buyer of U.S. almonds, purchasing over half of all U.S. almond shipments in 2017. A kilogram of shelled almonds will... If you wish to read this full breaking news headline article, India, Top Buyer of US Almonds, Hits Back With Higher Duties, simply click on 'Read full story' below, but 1st please give 'Phuket Hotel Deals' a 'LIKE' or 'SHARE' before you visit 'VOA NEWS'. Thank you India, Top Buyer of US Almonds, Hits Back With Higher Duties

 

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