India pushes back retaliatory tariffs on U.S. apples
Once again sparing U.S. apples, the government of India has delayed implementation of retaliatory tariffs related to U.S. import tariffs on steel and aluminum from India.
The government of India pushed back the effective date of new tariffs from Sept. 18 to Nov. 2, according to a report in the Times of India.
The two governments are in negotiations to remove trade friction for a variety of goods, according to the report.
First scheduled to take effect in June, the 25% retaliatory tariff on apples was later postponed from Aug. 4 to Sept. 18. The latest delay is another dose of temporary relief for U.S. apple exporters.
The U.S. Department of Agriculture reported that from July 2017 to June 2018, India represented the second largest export market for U.S. apples, behind only Mexico.
U.S. exporters shipped $174.7 million of apples to India from July 2017 to June 2018, up 96% from $89.2 million shipped the same time frame the previous year.
By volume, the U.S. shipped 167,951 metric tons to India from July 2017 to June 2018, up 80% from 93,534 metric tons during the same period the previous year.