Zero Tariff on Indian Goods in US: Piyush Goyal Assures Farmers, MSMEs Unaffected

• Union Commerce Minister Piyush Goyal announced zero reciprocal tariffs on many Indian goods, including agricultural products, exported to the US.
• The interim trade agreement with the US will not affect the interests of Indian farmers, MSMEs, and the handicraft sector.
• Zero duty applies to items like fruits, vegetables, spices, tea, coffee, coconut oil, pharmaceutical products, smartphones, gems, and diamonds.
• India has not given tariff concessions on dairy products, sugar, or coarse grains to the US.
• India offers tariff concessions to the US on alcoholic beverages, cosmetics, medical devices, and quota-based concessions for apple imports with a minimum import price.