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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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Robb Report broke the news in on Friday, February 14, 2025.
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