Retaliatory tariffs on 29 US products deferred till September 18

NEW DELHI: India has deferred imposition of retaliatory tariff on 29 US products by 45 days till September 18 due to the ongoing discussion between the two countries to resolve trade disputes.

The tariffs were supposed to come into effect on August 4.

“The said notification, with effect from the 4th day of August-...shall come into effect from the 18th day of September, 2018,” the government said in a notification.


The department of commerce had last week recommended to the department of revenue to amend the notification for further extension of retaliatory measures for 45 days that would affect imports of American apples, almonds, walnuts, iron and steel products, flat rolled products of stainless steel.

The tariffs were announced in reaction to the US imposing 25% duty on certain steel products and 10% on aluminium products, that will help it collect $241 million of duty. The two sides are also gearing up for the Two-Plus-Two dialogue in September.