Citing people familiar with the protracted India- US trade talks, Reuters reports that India has offered to partially open up its poultry and dairy markets in exchange for a limited trade deal when US President Trump’s officially visits the country later this month.
Key Points:
India has offered to allow imports of US chicken legs, turkey and produce such as blueberries and cherries and has also offered to cut tariffs on chicken legs from 100% to 25%. US negotiators want that tariff cut to 10%.
The Modi government is also offering to allow some access to India’s dairy market, but with a 5% tariff and quotas.
New Delhi has also offered to lower its 50% tariffs on very large motorcycles made by Harley-Davidson, a tax that was a particular irritant for Trump, who has labeled India the “tariff king.” The change would be largely symbolic because few such motorcycles are sold in India.
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