India slashes bourbon whisky tariffs amid intensifying Trump criticism
- India has reduced the customs duty on bourbon whisky from 150% to 50% as part of tariff cuts to improve relations with the U.S. Ahead of Prime Minister Narendra Modi's visit.
- The Confederation of Indian Alcoholic Beverage Companies is concerned that the duty cut may harm the Indian spirits and wine industries.
- Anant S. Iyer of CIABC stated that the industry seeks a phased approach to duty reductions over ten years while proposing better international access to markets.
- The U.S. Welcomed the tariff cuts, signaling progress in trade relations between India and the United States.
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Total News Sources7
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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