6 May 2025

Tariffs | India holds firm on agricultural tariffs as US pushes for trade concessions

The India-Australia Economic Cooperation and Trade Agreement has opened doors for the sale of several premium products in India.

Edited by: Damián Morais
TV18
Abhimanyu Sharma

The India-Australia Economic Cooperation and Trade Agreement has opened doors for the sale of several premium products in India.

However, India has excluded dairy and agriculture-based products from this agreement to protect the interests of local farmers. This move is facing resistance from the United States, which is demanding lower tariffs on all products, including agricultural produce.

While premium products like Washington apples and Californian almonds and pistachios are already available in Indian markets, the US wants increased access for its dairy and cereal preparations, many of which are industrially produced and may end up directly competing with products of small domestic farmers if exempted from all duties.

The India-Australia Economic Cooperation and Trade Agreement (ECTA) has paved the way for the sale of premium products in India. However, the Indian government has strategically excluded dairy and agriculture-based products from the agreement to safeguard the interests of local farmers. This move has led to friction with the United States, which is pushing for lower tariffs on all products, including agricultural goods.

Look also

Parag Milk Foods shares gain 15% after Q4 revenue rises to ₹918 crore, margin expands

You may be interested in

“Recent investments include Rs 204 cr ice cream & Rs 45 cr flavoured milk line”

Parag Milk Foods shares gain 15% after Q4 revenue rises to ₹918 crore, margin expands

TRCMPU posts record profit and increases incentive for dairy farmers

Topics |
Tariffs

Legal Notice

Legal notice about Intellectual Property in digital contents. All information contained in these pages that is NOT owned by eDairy News and is NOT considered “public domain” by legal regulations, are registered trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the rules contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable rules. Any claim arising from the information contained in the eDairy News website shall be subject to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentina, with seat in the City of Córdoba, excluding any other jurisdiction, including the Federal.